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Amazon Files Appeal To Revive Claims Of Real Estate Kickback Scheme
News

Amazon Files Appeal To Revive Claims Of Real Estate Kickback Scheme

... regardless of the market value of the underlying transaction,” Amazon attorneys Thomas Hungar, Patrick Stokes, David Debold, Claudia ... prove damages by means of market-value estimates.”  Amazon alleges Nelson, Kirschner and another Kirschner family member ...

Dec 14, 2023
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Amazon To Restart Physical Grocery Expansion In 2024 After Yearlong Pause
News

Amazon To Restart Physical Grocery Expansion In 2024 After Yearlong Pause

... mortar stores, announcing it will open more of its Amazon Fresh locations after pausing expansion and shuttering stores earlier this ... and revision of its fresh-food strategy, Bloomberg reported. Amazon will redesign stores and add offerings like coffee and ...

Nov 09, 2023
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Amazon
News

Amazon Plans To Cut $1.3B In Costs By Shedding Office Space

... internal document obtained by the publication. Amazon's vacancy rate for its office space ... be returned to office markets in which Amazon has a presence, but considering how ...  with the Securities and Exchange Commission, Amazon leases about 29.6M SF of office ...

Mar 28, 2024
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Amazon
News

Amazon Listing More Of Its Big, New Warehouses For Sublease

... distribution space it amassed during the pandemic, when Amazon became the biggest customer in industrial real estate.  ... supply chain challenges and inflationary pressures,” Bisnow reported. Amazon's pullback mirrors the broader diminishing demand for ...

Nov 16, 2023
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Amazon Sued By Shopping Center Landlord Over Unopened Amazon Fresh Store In Montgomery County
News

Amazon Sued By Shopping Center Landlord Over Unopened Amazon Fresh Store In Montgomery County

... is seeking $180K in unpaid rent and expenses. Amazon's counterclaim alleges that Federal Realty misinterpreted the meaning of ... sit inactive despite external construction appearing complete, PBJ reports. Amazon Fresh has two active stores in the region, one ...

May 12, 2023
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Amazon Warehouse Distribution Center
News

Amazon Delays Opening Of Biggest Distribution Center In South Florida

... The development, which is projected to cost Amazon $129M, is largely finished. Amazon received a temporary certificate of occupancy in ... broader step back from warehouse development and leasing from Amazon, which announced last September that it was closing ...

Nov 15, 2023
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Amazon Pays $650M For Nuclear-Powered Data Center Campus
News

Amazon Pays $650M For Nuclear-Powered Data Center Campus

... which was revealed in a subsequent investor presentation to be Amazon. The 1,200-acre campus is connected directly to ... acquisition follows a growing trend of major tech companies like Amazon, Google and Microsoft building massive data center campuses in  ...

Mar 04, 2024
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Amazon Pumps The Brakes On Brick-And-Mortar Grocery Concept
News

Amazon Pumps The Brakes On Brick-And-Mortar Grocery Concept

... call. Grocery researcher Food World estimated there are 20 pending Amazon Fresh leases in Connecticut, New York, New Jersey and Pennsylvania ... prices. "I'm not sure why they go into Amazon," Metzger said. "Amazon doesn't offer anything when you walk in the ...

Feb 06, 2023
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Amazon To Spend $8B Building Data Centers In Ohio
News

Amazon To Spend $8B Building Data Centers In Ohio

... relies on cloud computing, this investment will build on Amazon's current infrastructure in Ohio to help new and ... and provide access to online educational resources and entertainment."  Amazon's commitment to further spending on data centers stands in ...

Jun 27, 2023
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Amazon Leases 2M SF In 2 Inland Empire Transactions
News

Amazon Leases 2M SF In 2 Inland Empire Transactions

... to a first-quarter report from Savills. Amazon leased about 1M SF at a PGIM Real ... companies are still taking down large blocks.  Amazon said in 2022 it was planning to ... footprint, but it isn't stopping completely.  Amazon's biggest lease, for just over 4M SF ...

Apr 10, 2024
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