Amazon Lease 615000 Square Foot Warehouse At 6100 Garfield Avenue In Commerce With Prologis

This transaction involves a 615,000-square-foot industrial property located at 6100 Garfield Avenue in Commerce. It is a Class-A warehouse asset recently leased to Amazon, which marks a significant expansion in their logistical capabilities amid the current market dynamics. The facility, owned by Prologis, was previously occupied by 99 Cents Only. The lease is structured for a term of 10 years.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Lease Term: 10 years
• Landlord: Hamid Moghadam - Prologis
• Tenant: Jeff Bezos & Andy Jassy - Amazon
• Address: 6100 Garfield Avenue
• Market: Commerce
• Asset SF: 615,000

In this transaction, Hamid Moghadam represents Prologis, the property owner, while Jeff Bezos and Andy Jassy represent Amazon as the tenants. This lease is noted as the largest industrial lease signed in Los Angeles during the fourth quarter, reflecting Amazon's strategic move to enhance their warehouse capabilities in response to increasing demand for rapid delivery services.