Amazon Drops $162M On 200 Acres In SoCal With Plans For 2.5M SF Warehouse

  • 12/10/2024

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Amazon purchased approximately 200 acres in Hesperia at the end of October, paying $161.9M for property that comes with approval to build one of its characteristically enormous warehouses, Bisnow has learned. 

The seller was Covington Group, which shepherded the property through the entitlement process with the city. Covington declined to comment. The site is entitled for approximately 2.5M SF in one building, according to City of Hesperia Public Relations Analyst Kelly Brady. 

Amazon (Nasdaq: AMZN)
Shannon Loew | VP, Worldwide Corporate Real Estate & Facilities

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