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Analysis

Amazon's Newly Built Warehouses to Stand Empty

The e-commerce giant delays openings of newest fulfillment centers for up to two years.

By Jack Rogers | June 10, 2022 at 08:31 AM

Before the pandemic, the most reliable barometer of regional economic growth was an announcement that Amazon would be building a new fulfillment center and bringing a minimum of 1,000 new jobs to a community.

During the pandemic, the pace of these announcements sped up, as Amazon nearly doubled the size of its distribution network. The e-commerce titan voraciously added to its leased industrial space, acquiring a total of more than 370M SF, and accelerated its development program to build new fulfillment centers across the US.

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