Wal-Mart Owned Jet.com Snatches Bronx Warehouse Amazon Was Considering for Last-Mile Deliveries

Amazon’s rival, Jet.com which is owned by Wal-Mart, has leased the former ABC Carpet & Home on Bruckner Boulevard and Bronx River Road in Soundview, a property which Amazon was considering.

ABC Carpet & Home sold the 200,000 square foot property to Prologis last year for $17,500,000 who then made multi-million dollar upgrades to the property.

Neither Amazon nor Jet.com have confirmed the transaction according to Crain’s but the publication said a source familiar with the transaction said that Amazon had been considering it but was “one-uped” by Jet.

Crain’s reports that that Prologis does not confirm the tenants but that it was leased for last-mile deliveries for a large e-commerce company.

Last-mile warehouses are becoming a hot commodity in NYC where companies like Amazon and Jet want to be able to make same-day deliveries.

Welcome2TheBronx reported earlier this year that just down the road at the old Whitestone Theater, which was sold for $75 million last year, will be developed into a massive 840,000 multi-level last-mile distribution center making it the first of its kind on the East Coast and maybe the second in the nation.

- Advertisement -Newspaper WordPress Theme

Latest news

Affordable Housing Lottery Launched for the South Bronx’s Tallest Building

An affordable housing lottery has been launched for the South Bronx's tallest building which is nearing completion. The luxury development called One River Park, is...

Elevators Finally Operational at 149th Street Grand Concourse Station After $123 Million Upgrade

The wait for accessibility at one of The Bronx's busiest subway stations is over. After a $123 million upgrade, elevators are up and running...

Legionnaires’ Outbreak in The Bronx Claims 1 Life, Sickens 5

Note on the image of the Bronx General Post Office: There is no indication that Legionnaires' was detected at the building, it is simply...

Affordable Housing Lottery Launched for the South Bronx’s Tallest Building

An affordable housing lottery has been launched for the South Bronx's tallest building which is nearing completion. The luxury development called One River Park, is...

Elevators Finally Operational at 149th Street Grand Concourse Station After $123 Million Upgrade

The wait for accessibility at one of The Bronx's busiest subway stations is over. After a $123 million upgrade, elevators are up and running...

Legionnaires’ Outbreak in The Bronx Claims 1 Life, Sickens 5

Note on the image of the Bronx General Post Office: There is no indication that Legionnaires' was detected at the building, it is simply...