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Amazon’s Decision To Scale Back Real Estate Not Expected To Make Its Way Across Border, Canadian REIT Exec Says

Amazon’s Lack of ‘Adequate Distribution Network’ in Canada Limits Country’s Exposure
A Summit Industrial Income REIT property outside Calgary leased to Amazon. (CoStar)
A Summit Industrial Income REIT property outside Calgary leased to Amazon. (CoStar)
CoStar News
June 1, 2022 | 8:03 P.M.

Amazon's plans to cut back on expanding its logistics network is not expected to trickle across the border into Canada, but any real estate potentially up for grabs would be a welcome relief for the country that has some of the tightest industrial markets in North America.

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