The expansion of Amazon warehousing has been notable in the past year and we’ve recorded that here on Tamebay numerous times over recent months. Amazon is keenly expanding its network of fulfilment centres (FCs) but it’s remarkable to report that not only has Amazon been the biggest new customer of new warehousing but that it holds that status by a considerable margin.
Amazon has expanded capacity by four million sq ft in so far in 2017 according to research from property agency Savills. The next biggest retailer was Lidl who took 754,000 sq ft, meaning Amazon took roughly five times more space than them.
Other companies expanded too, including, Jaguar Land Rover and logistics firm Eddie Stobart, who took around 1.5m sq ft each.
The report comes from estate agents Savill’s and Kevin Mofid, director of research there said that the expansion was “unprecedented”.
“You had a point about 10 years ago when the grocers – Tesco, Sainsbury’s and so on – were very active, and they took a lot of space, but it was nowhere near this level.”
The most notable aspect of this news is that there is no sign that Amazon’s expansion is going to stop anytime soon and it’s likely that they will expand at a similar, or even an expanded pace, in 2018.