Amazon could be looking to add comprehensive last-mile warehouse coverage to major markets on a heretofore unheard-of scale.
Having largely recovered from the shipping delays precipitated by the outbreak of the coronavirus, Amazon is on a quest to open as many as 1,500 smaller-format distribution centers in urban and suburban markets, Bloomberg reports. Called "delivery stations," these 200K SF facilities would be around a quarter of the average size of Amazon`s "fulfillment centers" that tend to be in more traditional industrial areas...
For Ken Notes:
...moreRSK: Sounds like they might be demolishing dead malls for their expansion rather than occupying unused portions of some anchors like JCP. There might be some zoning problems to that effect.
Ken Notes: My crystal ball suggests that Amazon will make a play in the bankruptcy market if they can find a failing retailer who actually owns their brick and mortar. Did you know that McDonnalds makes most of its income by leasing its properties to franchisees.
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- - Volume: 8 - WEEK: 39 Date: 12/3/2021 6:11:40 PM -