{"id":28070,"date":"2020-06-11T14:06:28","date_gmt":"2020-06-11T11:06:28","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=28070"},"modified":"2026-04-02T10:57:14","modified_gmt":"2026-04-02T07:57:14","slug":"amazon-takes-jet-com-former-bronx-warehouse","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/amazon-takes-jet-com-former-bronx-warehouse\/","title":{"rendered":"Amazon Takes Over Jet.com\u2019s Former Bronx Warehouse"},"content":{"rendered":"<p>Despite COVID-19 concerns, the industrial real estate sector continues to see high demand, as consumers increasingly <a href=\"https:\/\/www.commercialcafe.com\/blog\/e-commerce-survey-covid-19\/\" target=\"_blank\" rel=\"noopener noreferrer\">look toward e-commerce<\/a> as a safe alternative to shopping in physical stores. Just this week, Amazon signed a lease for 200,000 square feet of <a href=\"https:\/\/www.commercialcafe.com\/industrial\/us\/ny\/bronx\/\" target=\"_blank\" rel=\"noopener noreferrer\">industrial space in the Bronx<\/a>, taking over a warehouse previously occupied by its former rival Jet.com.<\/p>\n<div id=\"attachment_28071\" style=\"width: 385px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-28071\" class=\"size-medium wp-image-28071\" src=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/1055-bronx-river-avenue-375x300.jpg\" alt=\"warehouse at 1055 Bronx River Avenue\" width=\"375\" height=\"300\" \/><p id=\"caption-attachment-28071\" class=\"wp-caption-text\">1055 Bronx River Ave. (Yardi Matrix)<\/p><\/div>\n<p>Amazon will lease the entire space at 1055 Bronx River Ave., and plans to use the facility as a new delivery station. Prologis has owned the property since 2016, when it bought it for roughly $30 million.<\/p>\n<p>The deal marks the latest addition to several last mile and distribution facilities Amazon has purchased in and around New York City for its e-commerce grocery and consumer goods businesses. The tech giant has reported a \u201cmajor surge\u201d in its e-commerce operations since March.<\/p>\n<p>&#8220;We are excited to continue our investment in the state of New York with a new delivery station and create hundreds of job opportunities for the talented local workforce,&#8221; Amazon spokeswoman Shone Jemmott told <a href=\"https:\/\/www.businessinsider.com\/amazon-leases-jets-former-south-bronx-warehouse-delivery-logistics-2020-6\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><em>Business Insider<\/em><\/a>.<\/p>\n<p>The industrial property was previously leased by Walmart-owned Jet.com. However, operations at the facility were halted last year after the company abandoned its efforts to break into the city\u2019s grocery delivery market. Last month, Walmart announced it would discontinue Jet.com, saying it got what it needed from the brand.<\/p>\n<p><em>By Alexandra Farcas<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite COVID-19 concerns, the industrial real estate sector continues to see high demand, as consumers increasingly look toward e-commerce as a safe alternative to shopping in physical stores. Just this week, Amazon signed a lease for 200,000 square feet of industrial space in the Bronx, taking over a warehouse previously occupied by its former rival&hellip;<\/p>\n","protected":false},"author":529,"featured_media":28077,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,4014,41],"tags":[],"class_list":["post-28070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-industrial","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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