Amazon plans to use a new building on the former Weyerhaeuser corporate campus in Federal Way, Wash., as a future logistics site for customer fulfillment.
The tech giant recently leased a 225,882-square-foot space in the Woodbridge Corporate Park. Industrial Realty Group (IRG) purchased the property in 2016 and has been revitalizing parts of the sprawling, architecturally significant campus.
An Amazon spokesperson confirmed the lease to GeekWire. The news was previously reported by Federal Way Mirror.
It’s not clear exactly what the building will be used for. Amazon’s logistics operations spans fulfillment centers, sort centers, delivery stations, same-day delivery sites, and more.
Amazon announced in April that it set new records for Prime delivery speeds in the first three months of this year, touting a recent shift to regional fulfilment centers.
“In short, we divided the country into smaller, easier-to-reach regions,” Amazon exec Doug Herrington wrote in a blog post last year. “Previously, we fulfilled orders from any of our operational sites across the country. Now we have eight interconnected regions serving smaller geographic areas.”
Herrington also said at the time that Amazon had plans to double the number of its smaller Same-Day Delivery facilities in the coming years.
Amazon recently shut down a separate nearby warehouse in Tukwila, Wash.
The Amazon building is one of two new buildings that IRG recently completed at the Woodbridge campus. Together they total about 440,000 square feet of Class A industrial space. IRG says it is actively pursuing a new tenant for the second building.
“Amazon will play a significant role in transforming this incredible property into a vibrant, multi-tenant campus,” Coby Holley, vice president and asset development manager at IRG, said in a news release last month.
The developer says it invested approximately $3.5 million to improve the public right of way for new sidewalks, lighting, roadway, landscaping, bike lanes, stormwater systems, and other infrastructure upgrades.
Founded in Tacoma, Wash., in 1900, Weyerhaeuser, the global timber giant, had been in Federal Way since 1971 and left the 430-acre campus for a new headquarters in Seattle’s Pioneer Square neighborhood in 2016.
Community members previously launched a Save Weyerhaeuser Campus campaign to protect the original headquarters building and the natural surroundings. The property features two key cultural resources: the Rhododendron Species Botanical Garden and the Pacific Bonsai Museum.
IRG, which paid $70.5 million for the property, says on the Woodbridge website that it “has a comprehensive plan for protecting and preserving the historical aspects of the former Weyerhaeuser headquarters building as well as the surrounding natural elements of the campus.”
https://ift.tt/InlCYB2 July 23, 2024 at 03:00PM GeekWire
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