Edison Energy Selects Warehouse Exchange as Warehouse Solution

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Flexibility and Cost Savings Convince Edison Energy to Stay with Warehouse Exchange

Warehouse Exchange, the online marketplace platform for warehouse space, today announced one of its hallmark customers, Edison Energy LLC, will continue its lease agreement through the end of the year.

Edison Energy has been working with Warehouse Exchange for over the past six months and decided to stay with its warehousing solution.

In 2020, Warehouse Exchange has experienced remarkable growth with facilities now in California, Oregon, Washington, Utah and Arizona. By the end of 2021, the company aims to expand into every U.S. state as well as Canada and Mexico. As a digital marketplace, the platform allows larger tenants to offer dedicated space in hopes of finding a right match for businesses looking for similar space to use.

“Six months ago, we needed a warehouse space very quickly to store our large solar panels. We weren’t sure of the duration, so we needed a warehouse solution that would be flexible and cost-efficient,” said Edison Energy Project Manager, Andrew Rogerson. “Warehouse Exchange checked all the boxes for us and provided us with a dedicated warehouse space that we could manage. Normally in warehousing agreements, there are a lot more limitations on what you can and cannot do in the space, so we really appreciated the flexibility the company provided.”

With an “on-demand” and personal feel, the company provides warehousing solutions without the need to make long-term commitments, provide personal guarantees or negotiate lengthy contracts.

“We are seeing small and mid-sized businesses having a difficult time finding warehouse space that is flexible, the right size and available for a variable term,” said Grant Langston, CEO of Warehouse Exchange. “We also understand that warehouse operators often need to monetize underutilized space. Over the last few years, we’ve filled a need. Warehouse Exchange offers a unique solution -- a true marketplace, helping buyers and sellers to set the rules and mitigate cost.”

About Warehouse Exchange
Warehouse Exchange is an online marketplace for matching buyers and sellers of warehouse space across the United States. Based in Los Angeles, California, and founded in 2017, Warehouse Exchange provides an automated warehousing marketplace for outsourced storage and distribution needs, matching shippers and operators in real-time. It lets companies who need space the ability to compare options and find the ideal warehouse space while letting warehouse operators dynamically monetize their space and maximize utilization. To learn more about Warehouse Exchange visit us online at https://www.warehouseexchange.com/.

About Edison Energy
Edison Energy, a wholly owned subsidiary of Edison International (NYSE: EIX), provides independent, global advisory solutions to help large corporate, industrial, and institutional clients better understand and navigate the choices and risks of managing energy. Through a portfolio approach, Edison Energy enables decision-makers in organizations to deliver on their strategic, financial and sustainability goals. Providing a suite of specialized services across analytics, sustainability, renewables, supply, and demand, Edison Energy addresses the three biggest challenges in energy today: cost, carbon, and complex choices. For more information about Edison Energy visit http://www.edisonenergy.com

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Kathryn White
Warehouse Exchange
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