Amazon Buys Inland Empire
Amazon's Jeff Bezos and the vacant land near Palm Springs (Getty, Google Maps) Amazon has shown it can move fast for an 800-pound gorilla, going fr...
Amazon's Jeff Bezos and the vacant land near Palm Springs (Getty, Google Maps) Amazon has shown it can move fast for an 800-pound gorilla, going from doubling its real estate portfolio in a pandemic buying spree to declaring it has too much warehouse space and will put millions of square feet up for sublease. Now it's working on its long game, buying up about 120 acres of land in the Inland Empire for an industrial development that could be years in the making, Amazon paid about $13.4 million to buy vacant land near Palm Springs, according to public property records filed with Riverside County.