Amazon is Coming to Town
CTV News reported that a large parcel in the East end of Ottawa will be site of a new 1M square foot warehouse. Sources close the project have confirmed off the record that the occupant will be Amazon. This is part of a growing strategy across North America for local fulfillment centers as Amazon strives to reduce their delivery times for Amazon Prime customers. The question is, how can you capitalize on this as a real estate investor? What opportunities does it create?
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