Amazon is eyeing a $15 billion warehouse blitz, with plans to open 80 new logistics facilities across the U.S. and lock in 15- to 25-year leases.

That’s a bold move in a battered CRE landscape.

Tariffs are driving up costs, interest rates remain high, and demand is uneven. Office vacancies are stuck near 20%. Industrial has quietly hit a 10-year high at 7%. Most occupiers are trimming footprints and delaying decisions.

But. . .