Sunday, August 7, 2016

Walmart to open e-commerce facility at DIA

The real estate arm of Wal-Mart Stores Inc. has purchased 169 acres of land zoned for industrial use just south of DIA, according to a warranty deed filed in Adams County last month. Wal-Mart Real Estate Business Trust paid $13.5 million for the land, located near the intersection of East 56th Avenue and Jackson Gap Road in the proposed Porteos mixed-use development site. 

Amazon.com in April announced that it would establish an e-commerce center of its own, located in Aurora at Majestic Commercenter, 19799 East 36th Dr. But according to Wendy Mitchell, president and CEO of the Aurora Economic Development Council, that center sits on just 25 acres, significantly less than what Wal-Mart purchased.
--http://www.bizjournals.com/denver/blog/real_deals/2016/08/walmart-buys-169-acres-near-dia-for-what-could-be.html

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