Pittsburgh Post-Gazette

ModCloth’s warehouse space in Fairywood marketed for lease

- By Mark Belko

A Conshohock­en real estate company is marketing for lease 284,045 square feet of warehouse space now used by online vintagesty­le clothing retailer ModCloth in the city’s Fairywood section.

Taylor Young, principal of the Maguire Hayden Real Estate Company, said Tuesday the firm put the space in the Chartiers Valley Industrial Park up for lease in the event ModCloth decides not to stay.

“It’s our fiduciary responsibi­lity to market the space,” he said.

Should ModCloth not renew, it could open the door for Amazon to gobble up more space in the Pittsburgh region, where it has been on a building and leasing spree of late.

The online shopping juggernaut currently leases about 300,000 square feet in the same warehouse, where it operates a sortation facility that employs more than 500 people.

Amazon recently renewed its lease for its side of the warehouse, Mr. Young said.

“We’re going to explore every opportunit­y that makes sense for us and our investors,” he stressed.

Mr. Young added that Maguire Hayden is in “constant communicat­ion” with the online retailer as a tenant in the warehouse.

An Amazon spokesman could not be reached for comment.

The lease for the ModCloth space expires in the fourth quarter of 2022.

It is actually held by Walmart, which in an all-cash deal bought the Pittsburgh-founded clothing retailer in 2017 through its e-commerce company, Jet.com.

Two years later, Go Global Retail, a brand investment firm, acquired the assets of ModCloth from Walmart.

At the time, Go Global stated that ModCloth would continue to use its existing operationa­l setup and that it would invest in the retailer’s digital capabiliti­es, including artificial intelligen­ce and predictive analytics.

Since the Go Global acquisitio­n, Walmart has been subleasing the Fairywood warehouse space to ModCloth.

Last year, Retail Dive reported that ModCloth would remain headquarte­red in Los Angeles and that its fulfillmen­t center would stay in Pittsburgh.

A Go Global spokesman did not have an immediate answer regarding the warehouse space. ModCloth could not be reached for a comment.

Should ModCloth not renew, Maguire Hayden also would explore the potential for Walmart itself taking the space.

“We’re just going to go ahead

and explore every opportunit­y and see what happens,” Mr. Young said.

He noted that he is confident the company will be able to find someone to take the square footage.

In addition to 215,670 square feet of warehouse floor space, the fulfillmen­t center offers 42,321 square feet of office as well as a recently updated locker room, shower area, and large cafeteria.

It also is close to Interstate 79 and the Parkway West and fives miles from Downtown.

“We obviously have a fantastic piece of industrial space, an infill space second to none,” he said.

Amazon appears to be the most logical candidate. In addition to having space in the same warehouse, it has been expanding its reach in the Pittsburgh area.

It is planning another sortation center totaling more than 270,000 square feet in Findlay. That’s in addition to the 1- millionsqu­are-foot distributi­on center it opened in the same township last fall.

It also has distributi­on centers in the works in

Lawrencevi­lle, North Versailles, and possibly Churchill. The Lawrencevi­lle center, in a former Sears Outlet, and the North Versailles one, at the former Eastland Mall and shopping center, would be lastmile facilities.

Amazon also operates a warehouse in Aleppo and has a tech hub at SouthSide Works on the South Side that involves work on its Alexa voice technology, machine translatio­n, and speech science.

 ?? Pittsburgh Post-Gazette ?? ModCloth’s distributi­on center, located inside Chartiers Industrial Park in the city’s Fairywood section, handles around 5,000 orders per day for the online store. The 284,045 square feet of warehouse space is being marketed for lease.
Pittsburgh Post-Gazette ModCloth’s distributi­on center, located inside Chartiers Industrial Park in the city’s Fairywood section, handles around 5,000 orders per day for the online store. The 284,045 square feet of warehouse space is being marketed for lease.
 ?? Pittsburgh Post-Gazette ?? In Fairywood, Amazon’s fulfillmen­t center and Walmart’s Modcloth headquarte­rs sit side by side in the same industrial park.
Pittsburgh Post-Gazette In Fairywood, Amazon’s fulfillmen­t center and Walmart’s Modcloth headquarte­rs sit side by side in the same industrial park.

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