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

The Orchid Show: Mexican Modernism Brings Bold Colors and Vibrant Culture to The Bronx

It's that time of the year when, once again, The Bronx is hosting one of the most breathtaking botanical events of the year—the annual...

One month later, Congestion Pricing appears to be working despite critics’ opposition

Despite efforts and lawsuits to stop congestion pricing, on January 5th of this year, New York City launched the country's first tolling program aimed...

First ICE raid under Trump hits The Bronx in the early morning hours

The first immigration raids under the Trump administration in New York City were carried out early this morning as ICE officers nabbing migrants with...

The Orchid Show: Mexican Modernism Brings Bold Colors and Vibrant Culture to The Bronx

It's that time of the year when, once again, The Bronx is hosting one of the most breathtaking botanical events of the year—the annual...

One month later, Congestion Pricing appears to be working despite critics’ opposition

Despite efforts and lawsuits to stop congestion pricing, on January 5th of this year, New York City launched the country's first tolling program aimed...

First ICE raid under Trump hits The Bronx in the early morning hours

The first immigration raids under the Trump administration in New York City were carried out early this morning as ICE officers nabbing migrants with...