Amazon just leased two new last-mile industrial buildings totaling nearly 600K SF in west suburban Cicero, according to Colliers International principal Matthew Stauber.
It’s another sign the internet behemoth is doing more than any other firm to keep the local industrial sector afloat during the crisis.
The new tenant — Amazon was not named in official statements of the leases — will use both buildings, known as BridgePoint 290 Buildings I and II, located at 1400 South Laramie Ave., to fulfill last-mile e-commerce orders, according to NAI Hiffman’s Mark Moran, who helped represent owner Cabot Properties in the deal. The two buildings total 575K SF and are less than 8 miles from downtown Chicago.
//Bisnow.com
