The biggest sales, leases, loans and more from the week in South Florida commercial real estate.
The deal to lease more office space takes Amazon past 1M SF in London.
Developed by JBG Smith, apartment towers The Grace and Reva last month began moving in residents to their 808 units.
Industrial activity has retreated from pandemic-era highs but remains resilient even as a record amount of new inventory comes online.
The tech giant continues its push into the nation's fastest-growing data center market.
The e-commerce giant is looking to expand its rapid delivery service using its nascent network of same-day delivery hubs.
Warehouses in Pennsylvania and Arizona, both over 1M SF, are up for grabs.
Amazon's activity is a turnaround in industrial absorption for the e-commerce giant, which paused its voracious leasing after a flurry in 2020 and 2021.
Amazon is acquiring a 1,200-acre campus with access to 960 megawatts in Berwick, Pennsylvania, from Talen Energy subsidiary Cumulus Data.
The additional funding comes after Amazon deployed $2B that it says helped create or preserve 21,000 units across three regions.
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