Source: Atlanta Business Journal
Amazon.com Inc. is expanding its Atlanta warehouse operations by turning two aging industrial buildings on the Perimeter into its latest delivery station.
The e-commerce giant purchased a 20-acre property in Doraville just north of I-285 on the Gwinnett-DeKalb county line. It paid $23.4 million for the land at 6945 Button Gwinnett Drive and 4600 Northeast Expressway, according to Databank Inc., a firm that tracks real estate sales across Atlanta. The industrial site sold for about $1.2 million per acre, a record price for the area, according to market research. CBRE’s David Nixon and Tony Cerniglia brokered the sale.
Redevelopment starts: Amazon’s contractors have started demolishing the existing buildings on the property. It could occupy more than 120,000 square feet of space for a new delivery station, according to public documents and sources familiar with the project. Read more here.
Rapid expansion: Amazon has been rapidly expanding its delivery stations across Atlanta, with the potential Doraville site becoming the latest example. Four have already opened this year. The new Doraville delivery station will open in 2021. Altogether, they are creating hundreds of full-time and part-time jobs, paying a minimum of $15 per hour. Amazon now has eight delivery stations across the state, including Atlanta, Buford and Fairburn. It’s also ramped up hiring.