Amazon’s massive warehouse in Miami is nearly done
June 15, 2018The construction of the 855,000-square-foot distribution center from the online sales giant Amazon is nearly complete.
The fulfillment center near Opa-Locka airport is the first of three phases on the project; the second will be a 280,000 square-foot industrial building and the final a 5,000-square-foot headquarter for Carrie Meek Foundation.
In total, more than 1 million square feet are enclosing the 3 phases of the project. All of the buildings will be operating by August of this year, according to Ford Gibson, managing director at Foundry Commercial, the real estate and investment company responsible for the project.
Foundry Commercial and Clarion Partners completed a lease with Amazon at Carrie Meek International Business Park in 2017.
The rent for the industrial space is projected to approximately $7.25 per square foot, which is about $2 million a year, and as Gibson revealed to Miami Today, there is already a line of prospective tenants.
Additionally, Amazon is working closely with merchants to prepare the building to start operating, but as Gibson said, the internal job is more complicated due to the automatization of Amazon’s system.
