Amazon Purchases Facility in San Francisco, California
SAN FRANCISCO, CA - Amazon has added another prime retail spot to its arsenal, purchasing a new development site in San Francisco, California, for $200 million. The site, found within San Francisco’s Showplace Square neighborhood, will feature a 510,000-square-foot distribution center (DC).
As reported by SocketSite, the three-story DC would feature a 122,200-square-foot logistic facility, roughly 22,700 square feet of accessory office space and 350,000 square feet of interior loading and staging space for vehicles.
Although we have yet to hear any word about whether or not Amazon will use this space for its grocery operations, the recent launch of its Key In-Garage Grocery Delivery in major cities—San Francisco included—begs the question. San Francisco is also host to four of Amazon’s Amazon Go formats, making the new distribution center a likely asset for the retailer.
As we continue to check in with expansions, retail news, and more, AndNowUKnow will be here bringing you the latest.