Amazon
Economy Watch Weekly: Industrial Sector Benefits from Last-Mile Demand
There’s no doubt that industrial assets are in high demand among domestic and foreign investors, but what’s driving the sector’s success? Economy Editor Dees Stribling has the latest, for the week ending Oct. 27, 2017.
Industrial Boom Has Room to Grow
Three developers shared their perspectives on why the sector is in such high demand and what the potential risks are to the property type, at the 2017 ULI Fall Meeting in Los Angeles.
Amazon’s Biggest Wind Farm Up and Running
The Texas facility, which will generate 1 million-megawatt hours of wind energy annually, is one of the 18 projects the company has launched across the country.
Amazon’s Quest for HQ2 Broadens
Will it be Chicago? Irvine? Canada? According to a 2017 study by Development Counsellors International, survey respondents choosing the three most favorable U.S. business environments placed Texas first with 42 percent.
Amazon Robotics MA HQ Trades for $45M
Lincoln Property Co. has teamed up with Ibdar Bank and Ritz Banc Group in order to acquire the only facility in the world that designs, assembles and tests Amazon’s entire robotics equipment arsenal.
Chicago Mixed-Use Lands $1.2B Research Hub
The 78, Related Midwest’s 62-acre master-planned development, will become home to The University of Illinois System’s innovation center, Discovery Partners Institute.
Jefferson Mill Business Park to Expand With Phase II
After securing Amazon as the anchor tenant of Phase I, the partnership between Trammell Crow and Clarion Partners is going forward with the spec development project.
Economy Watch: NYC Tops List of Amazon HQ2 Favorites
The city best fits Amazon’s public criteria for the selection prize, according to Anderson Economic Group’s recent AEG HQ2 Index. The retail giant emphasized its desire to be in a city with more than 1 million people and a stable business environment, to name a few.
Emerge212 Unveils New Manhattan Office
The new space features fully-furnished private offices totaling 56,000 square feet on the second and third levels of the building. Suites range from one to 30-person workstations.
New Amazon Fulfillment Center Coming to Ohio
The e-commerce giant is building a 650,000-square-foot project in Euclid, expanding its presence in the state to five facilities, while adding another 1,000 full-time jobs.