Dollar Fulfillment purchase land in Post Falls
E-commerce company buys parcel adjacent to site for NanaMacsDecember 19th, 2019
Hayden-based ecommerce fulfillment company Dollar Fulfillment has purchased 5 acres of land in the Bighorn Industrial Park, just off Hargrave Avenue in west Post Falls.
Founder and CEO Jason Macek declines to comment on plans for the newly acquired land.
Dollar Fulfillment has been described as “a mini-Amazon” through which online businesses have manufacturers ship products to Dollar Fulfillment warehouses, where the products are stored until sold. Dollar Fulfillment then ships the product to the online business’s customer.
The newly purchased parcel is located in the Bighorn Industrial Park, between Hargrave and Grange avenues. The terms of the sale weren’t disclosed, but the Kootenai County Assessor’s database has the parcel valued at $220,800.
Craig Hunter and Rob Kannapien, both of Coeur d’Alene-based commercial real estate brokerage Coldwell Banker Commercial Schneidmiller Realty, handled the land purchase for Dollar Fulfillment.
Dollar Fulfillment currently occupies about 20,000 square feet of space at 10450 N. Airport Road, in Hayden, which it purchased under the name Macek Consulting LLC in 2017.
According to weekly business magazine Inc., Dollar Fulfillment brought in $9.1 million in revenue last year and grew by nearly 1,700% between 2015 and 2018. It’s ranked 297th on the Inc. 5000 list of fastest growing private companies.
The recently purchased Post Falls land is immediately east of land owned by another company on the Inc. 5000 list, NanaMacs Clothing, which told the Journal in August it had purchased 5 acres of land in the industrial park with plans to build a 40,000-square-foot warehouse that it intends to move into by the summer of 2020.
Kootenai County records show NanaMacs was issued a building permit for the structure in late September.
Macek told the Journal in late August that Dollar Fulfillment has 22 employees. At the time, he claimed the two warehouses typically ship between 10,000 and 20,000 packages a day.
Dollar Fulfillment is so named because the fulfillment service is $1 an order.
Macek and his wife, Janell, launched Dollar Fulfillment from the basement of their home in Coeur d’Alene in 2008. The company established a second facility in North Carolina last year.