The RE Amazon Craze - Coming to Cleveland, Ohio

[Steven Gesis]

So, for all that do not know, Amazon is building nearly 2.4M sq. ft. distribution center(s) - specifically (2) new facilities within 20 miles of one another in NE Ohio - this is great news for the region and job creation. Just curious if any BP members have seen market conditions impacted in their hyperlocal space where Amazon has constructed large footprint distribution centers. Obviously, we are excited in the region, it's not HQ2 (yet) but it is certainly impressive - 

[Matt K.]

I remember reading elsewhere was this is great if you had warehouse space but otherwise not much else changes. I think the general consensus was majority of jobs were lower paying warehouse jobs and not the high paying technical ones people typically associated with Amazon.