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Amazon Acquires Land for $3.2 Million to Add Distribution Center in Arkansas

Amazon Acquires Land for $3.2 Million to Add Distribution Center in Arkansas

Friday, April 10th, 2020

Amazon is strengthening its distribution network around the United States. Last week, we caught wind that the e-tail giant is making moves to fortify its brick-and-mortar presence in Arkansas, where it just completed a strategic land acquisition for $3.2 million.

Frank Scott Jr., Mayor, Little Rock, Arkansas“We’re excited today that Amazon has decided to purchase land and have a very significant investment for the city of Little Rock and central Arkansas, today’s a great day,” said Frank Scott Jr., Mayor of Little Rock, who made the official announcement last week that construction is already underway.

Amazon's latest acquisition earned it an 80-acre plot of land (about $40,000 per acre) at the Port of Little Rock, according to news source Talk Business. The grocery giant now plans to use the land to build a new distribution center and create roughly 10,000 new jobs.

Amazon recently completed a strategic land acquisition in Little Rock, Arkansas, for $3.2 million

In addition, Amazon is reportedly eyeing other acquisitions to further this expansion.

How will Amazon’s new distribution center help it tighten its fleet and presence in the U.S. market? Stay tuned to Deli Market News as we continue to report on the latest grocery retail news.