Amazon Signs on for New 1M-SF Distribution Center

TRACY, CA—Amazon.com has signed a lease agreement with Prologis Inc. for the construction of a more than one million sq. ft. distribution center.

The new center will be built on nearly 90 acres of land at Prologis Park Tracy Phase II in this San Francisco suburb. Upon completion of Amazon's facility, the industrial park will be at full occupancy, with three distribution facilities totaling about 2.2 million sq. ft.

"We place tremendous value on our global customer relationships, and are pleased to provide Amazon with strategic distribution space in eight markets across the globe," said Scott Lamson, president, Northwest Region, Prologis Americas. "The growth of e-commerce is driving strong demand for large facilities, not only from our online retail customers, but with traditional brick and mortars as well."

Please or Register to post comments.

Latest poll

Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

Newsletter Signup

NREI Daily Regional Newsletters

Connect With Us
National Real Estate Investor Related Sites