Everything you read these days talks about the strength of the industrial real estate market and the low vacancies nationwide.
Well, Cincinnati has even a bigger disrupter. Who else, but Amazon! When the biggest player in the room (can the 800-pound gorilla be eight thousand pounds?) decides to make a move, brace yourself! A short while back, Amazon chose to locate its Prime delivery hub at the Greater Cincinnati Airport in Northern Kentucky, leasing some 900 acres from the airport, and announcing that they would spent $1.5 billion in gearing up, the plan initially being to build three million square feet of air cargo hub.
But they weren't, by any means, finished. Earlier this year, Amazon purchased 210 acres southeast of the airport along Aero Parkway, most of which had been owned by the family of Paul Vester.
Now with 1,100 acres tied up and 10,000 full-time employees, maybe someone might notice what they're doing......(not to mention ramping up to 100 jumbo air freight carriers......)
Read that story here by Northern Kentucky Tribune: Amazon purchased an additional 210 acres of private land next to CVG for Prime Air operations
Well, Cincinnati has even a bigger disrupter. Who else, but Amazon! When the biggest player in the room (can the 800-pound gorilla be eight thousand pounds?) decides to make a move, brace yourself! A short while back, Amazon chose to locate its Prime delivery hub at the Greater Cincinnati Airport in Northern Kentucky, leasing some 900 acres from the airport, and announcing that they would spent $1.5 billion in gearing up, the plan initially being to build three million square feet of air cargo hub.
But they weren't, by any means, finished. Earlier this year, Amazon purchased 210 acres southeast of the airport along Aero Parkway, most of which had been owned by the family of Paul Vester.
Now with 1,100 acres tied up and 10,000 full-time employees, maybe someone might notice what they're doing......(not to mention ramping up to 100 jumbo air freight carriers......)
Read that story here by Northern Kentucky Tribune: Amazon purchased an additional 210 acres of private land next to CVG for Prime Air operations
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