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So then who owns the warehouses that have Amazon logos on them, exclusively used by Amazon with Amazon employees working inside them?
by jaywalk 3y ago
So then who owns the warehouses that have Amazon logos on them, exclusively used by Amazon with Amazon employees working inside them?
- codetrotter 3y agohttps://www.cnbc.com/amp/2022/06/13/prologis-amazon-warehouse-landlord-to-buy-duke-realty-for-26-billion.html https://www.cnbc.com/amp/2022/06/13/prologis-amazon-warehous... Prologis controls roughly 1 billion square feet of warehouses and distribution centers used by companies including Amazon, Home Depot and FedEx. Probably there are others as well that rent warehouses to Anazon. Having a sign with the name of a business on a building does not mean that the business owns the building itself. Many companies rent offices for example, and put their logo on the building where they are renting offices.
- organsnyder 3y agoA building I worked in had multiple tenants. My (now former) employer leased five of the six floors, but the big sign on the building advertised a company that had half of the first floor at most. Obviously they were willing to pay more money for advertising rights.
- joe5150 3y agoDoes this explain the proliferation of "Salesforce Towers" around the world? I have not been convinced they actually need that much office space.