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An Amazon Warehouse
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Amazon Cast A Big Shadow Over Industrial Leasing. What Happens Now That It’s In The 3PL Business?

... and drive more revenue through the system,’” Wulfraat said. Amazon’s initial justification for expanding so rapidly was a ... advantages are enough to overcome retail’s uneasy relationship with Amazon. “With online retail, [it takes] one bad experience, ...

Jan 24, 2023
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Amazon To Invest $11B In Indiana Data Center Project
News

Amazon To Invest $11B In Indiana Data Center Project

... increasing scrutiny from local governments and residents, comes as Amazon retools its once-aggressive warehouse strategy and sheds loads of ... Development Roger Wehner said in a statement.  Since 2010, Amazon said it had invested $21.5B across a variety of ...

Apr 25, 2024
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Amazon's Major Same-Day Delivery Expansion Will Likely Target These Kinds Of Buildings
News

Amazon's Major Same-Day Delivery Expansion Will Likely Target These Kinds Of Buildings

... . CEO Andy Jassy announced plans on Amazon's most recent earnings call to double ... according to the analysis. While many of Amazon's larger fulfillment centers are build-to- ... network is somewhat of a reversal for Amazon, which last year canceled, closed or ...

Sep 12, 2023
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amazon warehouse1
News

Amazon-Leased Industrial Portfolio Lands $1.2B Refinancing

... refinancing for its 12-building portfolio fully leased to Amazon, CoStar reported. The financing comes after the e-commerce ... Sachs will help refinance the existing debt, CoStar reported. Amazon performed surprisingly well in the second quarter given a ...

Aug 04, 2023
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Amazon CEO Reaffirms Commitment To Grocery Business Despite Closures
News

Amazon CEO Reaffirms Commitment To Grocery Business Despite Closures

... is wrong.  Jassy told the Financial Times that although Amazon’s progress on these stores had suffered from obstacles created ... locations of its Fresh grocery stores and convenience store format Amazon Go.  But Jassy emphasized that recent setbacks don’t ...

Feb 17, 2023
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Jeff Bezos Amazon
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Amazon Searches For Miami Office Space After Bezos' Mansion Purchases

... of a planned move to South Florida. Amazon has more than 400 corporate and tech ... third-quarter report.  The 50K SF footprint Amazon is looking for would be among the ... office plans.  Bezos, who stepped down as Amazon’s CEO in 2021 and became its executive ...

Nov 28, 2023
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Amazon Razing 11 Northern Virginia Offices For New Data Centers
News

Amazon Razing 11 Northern Virginia Offices For New Data Centers

... more than 900K SF, the Washington Business Journal reports. Amazon is already in the process of redeveloping a two- ... while data center projects close to residential communities — including Amazon’s — are facing a growing wave of resistance from residents ...

May 23, 2023
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The two new office towers in the Met Park development, the first phase of Amazon HQ2.
News

Amazon's Return-To-Office Push Now Includes Moving Employees To Its Largest Urban Hubs

... headquarters in Bellevue, Washington, at the end of May. Amazon Vice President of Worldwide Economic Development Holly Sullivan told Bisnow ... a carrot to employees it has directed to move, Amazon has also wielded the stick by encouraging workers resistant to ...

Jul 24, 2023
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Amazon Opens Logistics-as-a-Service Offering To Leverage Bloated Warehouse Footprint
News

Amazon Opens Logistics-as-a-Service Offering To Leverage Bloated Warehouse Footprint

... it has taken with its cloud storage and computing business, Amazon Web Services, Axios reported. Opening up its warehouse ... growth, a process that could take years to accomplish. Amazon Chief Financial Officers Brian Olsavsky admitted in April that the ...

Jan 12, 2023
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Amazon's Holly Sullivan: Worker 'Enthusiasm' For RTO Means HQ2 Phase 2 Could Start Next Year
News

Amazon's Holly Sullivan: Worker 'Enthusiasm' For RTO Means HQ2 Phase 2 Could Start Next Year

... year," Sullivan said.  In this interview, Sullivan discusses how Amazon is welcoming its first employees to HQ2, why the company ... HQ2, but beyond this project, has the pandemic changed Amazon’s strategy around its future office footprint? Sullivan: I believe ...

Jun 08, 2023
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