After Amazon’s first quarter 2022 earnings call, when the company sent a shudder through the industrial property sector by disclosing plans to address excess capacity in its distribution network, the e-commerce giant slowed openings of fulfillment centers and put more than 7 million square feet of industrial space up for sublease across the U.S., according to CoStar data.
Amazon's More Than 50 US Same-Day Delivery Centers Share These Features
Amazon Looks for New Property With High Ceilings As It Plans Major Expansion
CoStar Analytics
September 11, 2023 | 5:07 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In