Pcdata USA Reported Ecommerce and 3PLs Heating Up NY-NJ Industrial Real Estate Market
East Granby, CT -- (SBWIRE) -- 11/09/2015 -- Pcdata USA noted that e-commerce and 3PLs are heating up the NY-NJ industrial real estate market. Dustin Braden, assistant web editor, for Journal of Commerce, reported that US Northeast consumers' growing appetite for e-commerce is cooking up a "red hot" industrial real estate market around the Port of New York and New Jersey - a trend great for developers and pricey for shippers, the head of an industrial real estate trade association said.
The rise of e-commerce forces shippers to carry more inventory in order to meet consumers' expectation that the products they order will be available and arrive quickly. That helped drive leasing velocity, the rate at which space is leased, in the second quarter of 2015 up 22 percent from the first quarter, said Michael G. McGuinness, CEO of NAIOP New Jersey, which represents owners, developers, and asset managers of industrial real estate.
About Pcdata USA
Based in East Granby, CT, Pcdata USA (http://www.pcdatausa.com/about-us/about-pcdata-usa) is a global logistics systems leader for supply chain automation. Pcdata USA was named a finalist for the 2015 MHI Innovation Award for Best New Product, Smart Glass AR (Augmented Reality). Pcdata USA's Pick-to-light systems are part of a lean manufacturing and distribution process, offering shorter throughput, fewer errors, and significant cost savings. Pcdata USA is represented in a wide variety of industry sectors including apparel, cosmetics, e-commerce fulfillment, Third Party Logistics (3PL), wholesale distribution, food service, healthcare, pharmaceutical, production & assembly, as well as bakeries around the world. Products include Pick-to-light, PTL in hybrid solutions, PickCart, PickStar, Distrib AR Smart Glass, and Dock Manager.
Pcdata USA Solving the Rapid Growth Challenges of 3PLs (Third Party Logistics)
Volumes handled by 3PLs in 2015 are 100.0% higher YOY (year over year). 3PLs are processing millions of items and SKUs, nearly six items per second. Pcdata USA is allowing 3PLs to accurately process orders within clients' designated lead-time, fulfilling customer commitments. To learn more: bit.ly/1IvXhkc.
Picking Perfection permits subscriptions at: http://bit.ly/W3oHOs. Pcdata USA is currently adding new dealers, distributors, and integration partners to accommodate the strong demand for the company's solutions. Follow Pcdata USA on Twitter @pcdatausa. Call Pcdata USA at 855-844-1086.