Amazon to Open Data Center Campus in Glen Rose, Texas, Create 550 Jobs
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Seattle absorption has been weighed down by tech tenant footprint optimization. Multifamily and industrial have been more resilient, with selective bids on best-located product. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
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On the RET wire
- The 15th Seattle story tracked on the wire in November 2026. All Seattle coverage →
- Disclosed industrial deal value tracked in November 2026: $972.4M across 12 reported transactions. All Industrial coverage →
Computed from Real Estate Trail’s own tracked coverage
GLEN ROSE, TEXAS — Amazon plans to open a data center campus in Glen Rose, about 55 miles southwest of Fort Worth, an initiative that the Seattle-based conglomerate says will create about 550 new full-time jobs. The a…
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