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Amazon could expand into Maryland

Online retail giant Amazon could be the company that recently filed for permits to construct a warehouse and distribution facility in Maryland, according to industry experts who say that Amazon has commissioned similar projects across the U.S. as part of a large-scale expansion effort in recent years. They noted that the warehouse's 1 million square-foot floor plan makes it unlikely that the project was undertaken by a smaller company. Analysts also suggested Walmart as a possible owner given the structure's large size, though a representative with the company said that Walmart has no plans to construct a warehouse or distribution center near Baltimore.

The legal system plays a key role in Commercial real estate projects. Companies hoping to build or purchase large commercial properties need to ensure they abide by all local, state and federal regulations, as well as negotiate with officials to ensure any resulting agreements are in their best interest. Quality legal representation can help Maryland businesses accomplish this goal.

Officials say the new project could be good for the region and Maryland at large, regardless of which business will call the warehouse home. Baltimore's mayor said the facility, located on the site of a former General Motors factory, could bring as many as 2,600 new jobs to the area. She declined to identify the property's buyer but said the city is still negotiating the deal. According to permits submitted to city officials, the warehouse's would measure 50 feet and the premises would include space for around 2,000 parking spots.

Analysts and consultants say the facility closely matches Amazon's profile of rapid expansion, noting that the firm has opened eight distribution buildings and announced plans to introduce 5,000 new jobs over the course of the past year alone. "They have been on an aggressive building schedule," explained one expert, who added that no other company has been building on Amazon's scale in the last few years.

The Maryland's project developer has close ties to Amazon, helping to fuel speculation about the facility's ownership, but representatives with the group would not confirm those rumors.


Source: 
Baltimore Sun, "Proposed Baltimore warehouse fits Amazon's growth" Yvonne Wenger, Aug. 23, 2013

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