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Amazon Buys Silicon Valley Industrial Site Even As It Slows US Growth

Affiliate of E-Commerce Giant Picks Up Santa Clara, California, Complex for $238 Million
An Amazon affiliate purchased the closed Owens Corning factory site in Santa Clara, California, for nearly $238 million. (CoStar)
An Amazon affiliate purchased the closed Owens Corning factory site in Santa Clara, California, for nearly $238 million. (CoStar)
CoStar News
March 14, 2023 | 8:46 P.M.

Amazon may be slowing the growth of its industrial footprint across the country, but the e-commerce giant's nearly $240 million purchase of a Silicon Valley industrial complex shows it is still willing to shell out for real estate where it thinks it will count the most.

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News | Amazon Buys Silicon Valley Industrial Site Even As It Slows US Growth