Amazon Acquires San Francisco Site for $200M, Plans First Delivery Center
Amazon acquired a development site in San Francisco for $200 million with plans to develop a 150,000-square-foot delivery center. The 5.9-acre urban site at 900 7th St. abutting the SoMa, Potrero Hill and Mission Bay neighborhoods was sold by waste-management service Recology.
The property currently houses an office and fleet maintenance facility that will be demolished. Amazon’s new facility will be its first delivery center in San Francisco, which promises to create several hundred jobs.
Amazon’s Michelle Godwin-Watts says, “We are excited to make this investment in San Francisco that will create jobs and help ensure we can reliably and efficiently deliver to our growing number of customers in the Bay Area.”
The three-story facility will include two levels of fleet staging and one level for parking, as well as 10 ground-level freight loading docks.
Newmark’s Mark Geisreiter, Steven Golubchik and Seth McKinnon represented the seller.
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.