An area in Pleasanton occupied with lakes and quarries is the latest huge land acquisition of Amazon in the Bay Area, with plans to make the place its “distribution center”.
On Wednesday, the Bay Area News Group reported that the shopping giant has secured a huge land in East Pleasanton. While the amount was not revealed, the area is said to be bordering Shadow Cliffs Lake, Cope Lake, and several, smaller quarries.
The news organization has secured documents saying Amazon and the land’s original owner had a deal with around $75 million in cost. The landowner was also said to be a subsidiary of Lionstone Investments.
The purchase documentation was submitted last Thursday.
The shopping company’s spokesperson said to SFGATE that Amazon has bought a 58.5-acre land parcel.
She said that land on Busch Road is set to become Amazon’s “distribution center” in the future for last-mile deliveries or “middle mile sortation.”
However, she said the plans for the newly acquired land has not yet been polished.
Originally, the more than 300-acres area was owned by the Lionstone affiliate. A 2012 planning document on the City of Pleasanton’s website said. It is located at the Stanley Blvd. and Valley Avenue intersection.
The latest purchase, according to the Registry, forms part of the fast East Bay expansion of Amazon. It is yet another addition to the 2.5 million square feet of property it leased for the past couple of years to position its shipping accommodations and warehouses.
