ARIZONA NEWS

E-commerce giant Amazon inks huge lease in West Valley

Mar 24, 2024, 5:45 AM

Amazon will join a handful of tenants at the massive Cubes at Glendale industrial park in metro Pho...

Amazon will join a handful of tenants at the massive Cubes at Glendale industrial park in metro Phoenix. (Sam Fentress Photo)

(Sam Fentress Photo)

Amazon.com Inc. has signed another massive industrial lease in metro Phoenix, adding to its substantial portfolio in the Valley.

Amazon (Nasdaq: AMZN) will fully lease a 1.2 million-square-foot building for 10 years at The Cubes at Glendale industrial park, according to a new Cushman & Wakefield listing that markets the building for an acquisition opportunity.

The e-commerce giant will occupy building B of the industrial project, located at 15301 W. Northern Ave., which was developed by Chicago-based CRG in an industrial hotbed with major employers including Nestle, Red Bull, White Claw and Walmart.

Amazon was not immediately available for comment about its lease. CRG declined to comment for this story.

The Cubes houses other major tenants including Williams-Sonoma Inc.’s 1.2 million-square-foot facility, a U.S. Merchant manufacturing plant and Saddle Creek Logistic’s warehouse. At full buildout, the Cubes industrial project is expected to total 5.5 million square feet. Four buildings have been developed on the site so far.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.

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E-commerce giant Amazon inks huge lease in West Valley