Amazon Signs 450K SF Lease for Warehouse in Uxbridge, MA
Amazon has signed a 450,000 square foot lease for a warehouse in Uxbridge, Massachusetts, following the completion of the property by Seyon Group in 2023. This lease comes on the heels of Amazon's recent opening of a 4 million square foot facility in North Andover and is part of the company's strategy to enhance its distribution network amid significant corporate layoffs.
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Amazon signed a 450,000 square foot lease for a warehouse at 139 Campanelli Drive in Uxbridge, Massachusetts, in Q4 2023. The property was acquired by Seyon Group in 2021 for $18 million, and construction completed in 2023.
The lease follows Amazon's opening of a 4 million square foot facility in North Andover, Massachusetts, in 2024, which cost about $400 million. Amazon plans to invest $15 billion in data center campuses in northern Indiana and is shifting its distribution strategy to utilize smaller centers for quick deliveries. Additionally, the company announced layoffs of 14,000 corporate employees.
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