The warehouse has never had a tenant or owner other than its developer. It has sat empty since it was completed in 2024, and its developers, Logistics Property , listed the building in October. Now according to Crain's , Amazon is expected to buy the building at a fraction of what it cost to build it, adding that billionaire Jeff Bezos's company is expected to cover whatever amount is still outstanding on Logistics Property's $150 million construction loan. Logistics Property also paid $55 million for the 11.5 acres the land sits on.
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