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Private warehouse are generally known as proprietary warehousing .
Warehouse on their own... Most of big companies are constructing their own warehouse with their required design to suits the work environment.
Big advantages of having own warehouses are
1. rent - Free
2. good work flow due to the designed service area
3. 24x7 work activities
4. based on products - slot can be arranged
5. unrestricted transportation service
Private warehouse is a facility that is owned by same company. Usually the companies hire a third party agent that owns the warehouse.
The advantage is that you don't have to pay the rent. You don't have to adhere by someone else's policies and procedures. You will have all the flexibility of importing and exporting goods from that warehouse.