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Corrected: Exclusive - Amazon plans mega-warehouse for Mexico growth spurt


(Corrects to clarify Fibra Prologis relationship to warehouse project)By Daina Beth SolomonMEXICO CITY (Reuters) - Inc is preparing to open a 1 million square-foot warehouse near Mexico City, sources familiar with the project said, part of an effort to boost its presence in Mexico's nascent e-commerce industry.The new warehouse is slated to be built in the Tepotzotlan municipality about 25 miles (40 km) north of the Mexican capital, according to four Mexico City real estate professionals familiar with the plans. Expected to be completed next year, the facility would triple ...

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First Published: Thu, September 14 2017. 09:04 IST