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Numbers. It’s always about the numbers in commercial real estate.
So, take these in:
In New Jersey in 2020, Amazon:
Opened more than a dozen delivery stations;
Opened one fulfillment center (in Cranbury);
Announced it was opening another fulfillment center in 2021 (in Carneys Point);
Announced (in September) that it was going to hire an additional 7,000 workers by the end of the year.
Just those numbers would be enough to attract our attention. But, consider the context:
The fulfillment center in Cranbury is the 15th for the company in the state;
The 7,000 employees will push Amazon’s total employee count in New Jersey to more than 40,000, making it the largest single-company employer in the state;
And all of this is the reason why Amazon estimates it has made a $14.5 billion contribution to the state’s economy since opening its first fulfillment center in 2014, in Robbinsville.
For all of these reasons and more, Amazon CEO Jeff Bezos is No. 1 on the 2020 ROI Influencers: Real Estate list.
Bezos, a 1986 graduate of Princeton University, does not live or work in the state. His company, however, has become a driving economic force here.
New Jersey officials continue to tout location as one of …
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