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Amazon buys big Milpitas campus

Amazon buys big Milpitas campus as tech titan widens shopping spree

New Amazon Mall in Milpitas
30-acre Milpitas site of office and research buildings near the corner of Gibraltar Drive and South Milpitas Boulevard, outlined in red. Boundaries are approximate. Amazon has widened its shopping spree for Bay Area properties with the purchase of a big office and research campus in Milpitas that could provide fresh expansion space for the tech titan.

E-commerce behemoth adds to Bay Area property buying binge with new deal

MILPITAS — Amazon has widened its shopping spree for Bay Area properties with the purchase of a big office and research campus in Milpitas that could provide fresh expansion space for the tech titan.

The e-commerce behemoth has bought a 29-acre site with several office and research buildings near the corner of South Milpitas Boulevard and Gibraltar Drive, according to documents filed on Oct. 1 with the Santa Clara County Recorder’s Office.

Amazon paid $123 million in cash for the property, which is about two blocks away from The Great Mall, the county records show.

The site consists of five buildings, according to Amazon spokesperson , according to a marketing brochure that has been distributed by CBRE, a commercial real estate firm.