Walmart Signs Warehouse Lease at Former PepsiCo Plant
BALTIMORE, MD - Walmart snapped up a new spot for one of its facilities. Recently, the retailer signed an 11-month deal to renew 140,000-square-feet of warehouse space at the former PepsiCo site in Woodberry—a suburb in Baltimore, Maryland. Redevelopment plans were already in the works for the 12-acre site, located off the Jones Fall Expressway at 1650 Union Avenue.
“When they renovate stores, they need a place for storage, a dry heated place to store fixtures,” said Sam J. Himmelreich, Jr., owner of the property. “It’s a temporary storage place.”
According to a report from The Baltimore Business Journal, at the time of his interview Himmelreich had not yet identified a grocer that might make use of the space. Plans are still developing for the rest of the site, including other potential retail and apartments.
Himmelreich Associates purchased the development for $6.7 million in 2015, when it was being used solely as a distribution center.
What plans does Walmart have for this new facility? And will it have an effect on the retailer's footprint in the Baltimore area? AndNowUKnow will keep its eyes peeled and its ear open for the latest news.
