Home Depot To Set-Up Large Distribution Centre In South Florida

By John Heerdink LinkedIn

Reportedly, Florida East Coast Industries is planning to develop 1 million-square-foot distribution warehouse for Home Depot in Hialeah. The warehouse is expected to be developed on 72.74 acres of land from West 40th Avenue to Northwest 107th Avenue and West 104th Street to West 108th Street. The project to consist of two buildings one would comprise of the market distribution center and other would serve as a flatbed distribution center.

“This is part of our investment strategy we announced over a year ago to speed up delivery to customers and stores, eventually reaching 90% of our customers with same day/next day delivery,”, “However, because of competitive reasons, we’re not ready to discuss details,” stated Home Depot spokeswoman Margaret W. Smith.

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service programs. To learn more about The Home Depot, Inc. (HD) and to continue to track its progress please vista Partners The Home Depot, Inc. Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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