Armlogi Announces New 500,000 Square Foot Warehouse Sublease in St. Louis Metro Area
Rhea-AI Summary
Armlogi Holding Corp. (Nasdaq: BTOC) announced the sublease of a 500,000-square-foot e-commerce facility in Edwardsville, Illinois, part of the St. Louis Metro Area. The facility, located in Gateway Commerce Center, features 39-foot clear heights, 100% climate control capability, and extensive infrastructure including 79 dock positions and two drive-in doors.
The strategic location provides immediate access to major interstates and is situated within 16 miles of UPS and FedEx Ground hubs, and 9-24 miles from major railway intermodal facilities. The facility includes modern logistics capabilities such as ESFR fire suppression, LED lighting, and 40 charging stations. The location enables access to 70% of the U.S. population within a two-day drive and benefits from a strong local labor market specialized in transportation and warehouse operations.
Positive
- Strategic location providing access to 70% of U.S. population within two-day drive
- Proximity to major shipping hubs (UPS, FedEx) and railway facilities
- Large facility size (500,000 sq ft) with modern logistics infrastructure
- Strong local labor market with warehouse expertise
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BTOC declined 0.45%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
WALNUT, CA, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced the sublease of a 500,000-square-foot e-commerce facility in Edwardsville, Illinois, part of the St. Louis Metro Area. The facility is located in Gateway Commerce Center, providing immediate access to Interstates 255 and 270 within minutes of Interstates 55, 70, and 64.
The facility features 39-foot clear heights and is equipped with
The Edwardsville location offers significant operational advantages, being just 16 miles from UPS and FedEx Ground hubs and 9-24 miles from CSX, Norfolk Southern, BNSF Railway, and Union Pacific intermodal facilities. The facility is enhanced with modern logistics capabilities, including early suppression, fast response (ESFR) fire suppression, LED lighting, high-volume, low speed (HVLS) fans, two battery charging areas with approximately 40 charging stations, and three backup generators. A dedicated IT/server room features independent HVAC, Halon fire suppression, and UPS systems.
Aidy Chou, Chairman and Chief Executive Officer of Armlogi, commented, “This strategic sublease in the St. Louis Metro Area enhances our Midwest distribution capabilities. We anticipate that the facility’s technical attributes, coupled with its location in a market that offers access to
About Armlogi Holding Corp.
Armlogi Holding Corp., based in Walnut, CA, is a fast-growing U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions relating to warehouse management and order fulfillment. The Company caters to cross-border e-commerce merchants looking to establish overseas warehouses in the U.S. market. With eleven warehouses covering over three and a half million square feet, the Company offers comprehensive one-stop warehousing and logistics services. The Company’s warehouses are equipped with facilities and technology for handling and storing large and bulky items. For more information, please visit www.armlogi.com.
Forward-Looking Statements
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “intends,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us.
Company Contact:
info@armlogi.com
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com