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Amazon Kicks Off 2022 With $52 Million Silicon Valley Redevelopment Site Deal

Online Retail Giant Foreshadows Active Real Estate Acquisition, Expansion Year Ahead

E-commerce giant Amazon's data services arm has purchased a 7-acre site in Santa Clara, California, adjacent to a data center development the retailer has already preleased. (iStock)
E-commerce giant Amazon's data services arm has purchased a 7-acre site in Santa Clara, California, adjacent to a data center development the retailer has already preleased. (iStock)

The holiday shopping season may be over, but e-commerce behemoth Amazon is extending its real estate buying streak into the new year with the nearly $52 million purchase of a Silicon Valley site earmarked for data center development.

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