"It appears that Amazon (NASDAQ: AMZN) might be opening yet another fulfillment center in Dallas-Fort Worth, according to multiple reports. Recent plans submitted to the Texas Department of Licensing and Regulation describe an unnamed tenant that would be taking a 1 million-square-foot warehouse in Irving near DFW International Airport...According to a report by the Dallas Morning News, some local real estate brokers have said that Amazon is looking at the property along with a similarly sized building in Fort Worth."
Dallas News | December 1, 2018 | Maria Halkias - "Fort Worth city officials are using their Amazon HQ2 package to court at least 60 other "potential projects" of various sizes...The city highlighted to Amazon - and now to others - Fort Worth's "access to abundant and diverse talent, STEM education efforts and university partners, effortless logistics and multi-model travel, and a community spirit that defies expectations.""
Dallas Business Journal | September 18, 2018 | Bill Hethcock - "Dallas fares well in a comparison of costs of operating Amazon's second headquarters in 20 finalist cities, according to an analysis prepared by a global site selection firm."
Bisnow | June 18, 2018 | Champaign Williams - "When Amazon released its request for proposals for a second headquarters, the tech giant outlined several key preferences that would factor heavily into its decision: proximity to densely populated city centers, access to a strong labor force that could eventually fill 50,000 jobs and a strong quality of life." Dallas is in the Top 10 of the Amazon HQ2 Finalists due to its "strong tech labor force working in its favor and a tax structure that sets it apart from the competition."
Bisnow National Commercial Real Estate News | December 21, 2017 | Kyle Hagerty - "With the rise of e-commerce, gone are the days of sneaking down the chimney, Dr. Seuss-style. Now ruining Christmas is as easy as picking up a parcel on a porch. Thirty-one percent of Americans have personally experienced package theft, signaling a growing problem in communities already drowning in deliveries." One of the ways apartment owners are combating this increase in package theft is by installing delivery lockers and secure package rooms. Luxer One, the delivery lockers SPI installed on several of our properties, is one of the companies mentioned in this article.
Dallas Business Journal Commercial Real Estate News | September 26, 2017 | Candace Carlisle - Now that Amazon has announced plans to build a second North American headquarters, Dallas has joined the race to submit a bid to become the new home for the online retailer giant. The proposed development site is in Trinity Groves, a rapidly growing neighborhood in west Dallas. The new Amazon headquarters is "expected to cost up to $5 billion to build to house upwards of 50,000 people". If Amazon were to build in Dallas, it would bring tens of thousands of new jobs and potential apartment seekers to the DFW area.