The explosion in e-commerce has driven up the demand for industrial warehouse space. The supply of well-located warehouse space is tight in suburbs north of New York City, where many of the industrial stock is being turned into mixed-use developments, and there are no new properties being built. Simone Development Cos. owns and manages more than six million s/f of commercial property in the tri-state region, and has acquired a prime warehouse at 316 Courtland Avenue in Stamford, CT as a way to preserve the in-high-demand industrial properties. The 118,500 SF property offers the largest block of contiguous warehouse space in the city.