Since Amazon’s first quarter 2022 earnings call when the company first disclosed it planned to address excess capacity in its distribution network, the e-commerce giant has slowed openings of new fulfillment centers and put more than 7 million square feet of industrial space up for sublease across the U.S, according to CoStar data.
Amazon Resumes Leasing Spree Along Pennsylvania’s I-81 Corridor
Despite Pausing Expansions in Most Regions, the E-Commerce Giant Doubles Down on Mission-Critical Distribution Space Serving Populous Corridor
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