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Amazon buys 9.57 acres in Tucson for massive distribution center

Posted by   /  April 15, 2019  /  Real Estate  /  No Comments

AZBigMedia AZBigMedia Steve Cohen and Russ Hall of Cushman & Wakefield | Picor represented Scannell Properties of Indianapolis, IN (Robert Scanell, CEO) in the assemblage of 9.57 acres for the new Amazon distribution center being built in Tucson. Scanell purchased the property for approximately $1.5 million ($3.60 per square foot) land value in two separate […]

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ASU, Amazon open Smart City Cloud Innovation Center in Scottsdale

Posted by   /  March 19, 2019  /  Real Estate  /  No Comments

Photo Maggie Rome / ASU / KTAR KTAR Arizona State University and Amazon Web Services partnered to open the Smart City Cloud Innovation Center in Scottsdale last week. Arizona State University and Amazon Web Services partnered to open the Smart City Cloud Innovation Center in Scottsdale last week. “It’s storefront property at our Skysong campus […]

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Amazon to New York: Drop dead; Rose Law Group Founder and President Jordan Rose comments on the pullout

Posted by   /  February 15, 2019  /  Featured News, Real Estate  /  No Comments

  “They assumed their consumer popularity translated into a free ticket to gentrify and instead got their lunch handed to them,” a non-profit exec said. By Steven Overly, David Glambusso and Dana Rubinstein | Politico Amazon thought it had locked down support for a new headquarters in Queens, New York by wooing a feuding mayor […]

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Amazon expands Tucson presence with major project on city’s west side

Posted by   /  January 15, 2019  /  Real Estate  /  No Comments

  By Gabriela Rico | Arizona Daily Star Amazon is expanding its presence in Tucson with a major development under construction on the city’s west side. The e-commerce giant is building an auxiliary distribution site for independent contractors and flex drivers to load up goods and gadgets for delivery. Paperwork filed with the city of […]

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There’s already a housing crisis in the D.C. area. Will Amazon make it worse?

Posted by   /  November 15, 2018  /  Real Estate  /  No Comments

  By Ally Schweitzer | WAMU With Amazon officially coming to the Washington region, anxiety is mounting about one issue above all: What’s going to happen to local housing prices? The concern is justified: The cost of living here is already a major strain on middle- and low-income residents. D.C. proper is the fourth most […]

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Amazon picks Northern Virginia, New York City to split new HQ

Posted by   /  November 13, 2018  /  Real Estate  /  No Comments

By Steven Overly and Gloria Pazmino | Politico Amazon will divide its much-anticipated new headquarters between Crystal City in Northern Virginia and Long Island City in Queens, New York, a source with knowledge of the plan confirmed to POLITICO on Monday night. The move follows a search that spanned more than a year and prompted […]

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Amazon makes first investment in a homebuilder [VIDEO]

Posted by   /  September 26, 2018  /  Real Estate  /  No Comments

Amazon invests in prefab home builder ‘Plant Prefab’ from CNBC. By Eugene Kim | CNBC Amazon said it’s funding homebuilding start-up Plant Prefab, marking its first investment in the space. Plant Prefab builds prefabricated, custom single- and multifamily homes. The investment follows Amazon’s launch of more than a dozen new smart home devices powered by Alexa. […]

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Plot twist: Amazon’s future may soon be tied to brick & mortar

Posted by   /  September 24, 2018  /  Economy  /  No Comments

  By Steve Dennis | Forbes It’s hard to underestimate the success and increasing power of Amazon. Their market cap hovers just under $1 trillion. Their growth rates have been astounding. By most estimates Amazon now accounts for nearly 50% of all US e-commerce revenues, roughly 5% of all retail and is significantly bigger than their next 10 […]

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Some metro Phoenix cities buy a lot on Amazon, but there’s push-back in Tempe

Posted by   /  August 31, 2018  /  Economy  /  No Comments

By Jerod MacDonald-Evoy | Arizona Republic Tempe leaders are taking a closer look at the tens of thousands of dollars the city spends with Amazon as some push back against the city’s growing use of the online giant. There’s also concern that some of the online orders are for items the city already contracts with a vendor […]

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Stealthy negotiations used to bring Amazon to Tucson

Posted by   /  August 20, 2018  /  Real Estate  /  No Comments

  By Gabriela Rico | Arizona Daily Star Landing Amazon in Tucson was a two-track process, with business and government leaders working to lure the company without knowing who it was. It was a development team, not Amazon, initially negotiating expedited terms, a panel involved with the deal told members of the Pima County Real […]

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