501 Consumers Road

[Northern Light]

So, I barely have a rumour to go on................I don't know this fellow............I understand he's a significant figure at Colliers.

But......this rather specific post was forwarded to me.

 

[afransen]

"Isn't there a massive one not too far from there"

Moar!

Seriously, this is not like bricks and mortar, it is not a disadvantage to have several clustered close together. Amazon has several huge warehouses in Brampton not far from each other. It's basically where they can get space and be somewhat close to customers.

 

[Northern Light]

The site as it is today:

 

[innsertnamehere]

At that sale price my guess is Amazon tears it down and builds a new multilevel facility they have been building lately

 

[Northern Light]

At that sale price my guess is Amazon tears it down and builds a new multilevel facility they have been building lately

Entirely plausible..............but it appears they've also bought Woodbine Mall for a new facility...........and they have the one going up in Ajax...................

What kind of sales growth is that?

That's nuts.

 

[Undead]

Entirely plausible..............but it appears they've also bought Woodbine Mall for a new facility...........and they have the one going up in Ajax...................

What kind of sales growth is that?

That's nuts.

The pandemic has been fantastic for them

 

[Mary James]

Most likely true! Amazon has purchased Woodbine mall. Woodbine mall is owned by Chris Hinn (who owns Closeout King). 501 Consumers was a Closeout King. I am almost certain Chris Hinn owned 501 Consumers which used to be Hallmark Cards Canada.