After quickly expanding its industrial footprint to keep up with demand during the Covid-19 pandemic, The Home Depot Inc. (NYSE: HD) has placed its massive warehouse on the Valley’s sublease market.The Atlanta-based home improvement retailer started marketing its 1.3-million-square-foot Goodyear warehouse earlier this month through CBRE Group Inc.Home Depot signed a 10-year lease for the entire space at the end of 2021, just west of the Phoenix Goodyear Airport at 16155 W. Elwood St. The facility has 3,866 square feet of office space, 233 dock doors, 691 trailer parking stalls and 40-foot clear height.Home Depot confirmed that the Goodyear space is available for sublease but declined to provide additional details. CBRE declined to comment.From 2018 to 2023, Home Depot doubled its warehouse and distribution center assets from 56 million square feet to 111 million square feet of mostly leased space, according to its annual reports. It had 2,015 total stores by the end of fiscal year 2023, which ended Jan. 28.Many retailers took down more space than they needed during the rush of the pandemic, but Home Depot, along with …
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