Amazon’s real estate expansion strategy prior to the pandemic was overwhelmingly focused on leasing new, state-of-art distribution centers, which helped to make it the fastest growing commercial property tenant in North America. Actively buying commercial property to build, own and occupy was rarely part of Amazon’s equation.
What Amazon’s Land Buying Binge Means for the US Industrial Market
While Still Preferring To Lease Distribution Space, E-Commerce Giant Has Become Increasingly Active Buying Sites in Underbuilt Areas
CoStar Analytics
November 23, 2021 | 5:40 P.M.
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