Paperwork for the purchase was submitted last Friday, the news publication reports.
An Amazon representative confirmed the details of this purchase to SFGATE, and noted that the 395,000 square foot property will be located on the 1000 block of Gibraltar Drive.
Details are scant regarding the purchase as there have not been any plans “solidified as to what will be built here,” the Amazon spokesperson told SFGATE via email, but “the land will very likely be redeveloped.”
In September, the tech giant purchased a 58.5 acre parcel of land for around $75 million in Pleasanton — another grab in the nearly 2.5 million square foot of Bay Area property leased or purchased by Amazon within the past two years for warehouses and other shipping facilities, according to the Registry.
A marketing brochure by real estate giant CBRE shows that the property was initially intended to be a corporate “campus.”
Article source: https://www.sfgate.com/local/article/Amazon-buys-123M-Bay-Area-property-Milpitas-16508340.php