Amazon to shrink warehouse space in N.J. after decade of rapid expansion – NJ.com

Amazon to shrink warehouse space in N.J. after decade of rapid expansion – NJ.com

The robotics field at the Carteret Amazon warehouse. There are 1300 robotics in this area. Amazon announces new hiring numbers in the New Jeresy area. Amazon in Carteret. Tuesday, September 14, 2021. Patti Sapone | NJ Advance Media
After a decade of massive expansion in New Jersey, Amazon is seeking to reduce its warehouse footprint in the state as part of a larger plan to sublease at least 10 million square feet nationally, according to reports.
“Subleasing is a very common real estate practice,” Amazon spokeswoman Alisa Carroll said in a statement. “It allows us to relieve the financial obligations associated with an existing building that no longer meets our needs. Subleasing is something many established corporations do to help manage their real estate portfolio.”
The plan to cut its warehouse space nationally, at least in the short term, was first reported by Bloomberg and the Wall Street Journal. New Jersey was listed among the states in the list of space reductions.
Amazon announces new hiring numbers in the New Jeresy area. Amazon in Carteret. Tuesday, September 14, 2021. Patti Sapone | NJ Advance Media
Amazon’s real estate footprint in New Jersey includes, according to the company:
No specifics have been provided about the fate of individual warehouses. Many New Jersey locations support distribution in nearby states with major population centers around New York and Philadelphia and quick access to key East Coast highways.
Amazon employs 58,000 full and part-time workers in New Jersey, according to a 2021 U.S. Economic Impact Report commissioned by the company. That has made the company one of the largest private employers in the state.
It’s unclear if the warehouse space reduction would include job cuts.
When it opened in 2017, Amazon’s warehouse on Industrial Highway in Carteret was the company’s largest fulfillment center in New Jersey with 1 million-square feet and 2,000 employees.
Another massive 1-million square foot facility just opened in Burlington last year. Earlier this year, Amazon unveiled plans to build yet another new distribution center in Galloway Township. Other major Amazon facilities are located in Robbinsville, Florence, West Deptford, and Edison.
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Jackie Roman may be reached at jroman@njadvancemedia.com and on Twitter at @byJackieRoman.
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