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Amazon’s Strategy for Big Industrial Space Cuts: Start Small

Buildings Less Than 150,000 Square Feet Make Up Most Subleases, Non-Renewals
Amazon's 37,440-square-foot last-mile delivery facility at 15600 15th Ave. in Miami was listed for sublease this year after the company took space in newer, larger properties nearby. (CoStar)
Amazon's 37,440-square-foot last-mile delivery facility at 15600 15th Ave. in Miami was listed for sublease this year after the company took space in newer, larger properties nearby. (CoStar)

Retail behemoth Amazon is generally tight-lipped about its real estate strategy, and it didn't say much about its decision to trim its industrial portfolio earlier this year. Still, through its actions, a strategy is coming into focus: Small spaces go first.

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