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Boston & New England  + Massachusetts  + Industrial  | 

Amazon Snags Former Movie Theater in Revere for $50M

Amazon has acquired a former movie theater in Revere, MASS. The sales price was $49.8 million, according to Suffolk County land records.

Located at 565 Squire Road, the former 10-screen, 102,000-square-foot movie theater closed in December. The property sits less than 10 miles from Boston and is surrounded by a large parking lot. Amazon currently operates a 830,000-square-foot warehouse two miles away from the site.

Amazon currently only owns a handful of its more than 20 industrial facilities in Massachusetts.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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