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Amazon Names New VP Of Global Corporate Real Estate

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Courtesy of Amazon

John Schoettler, former Amazon VP of Global Real Estate and Facilities, speaking at Seattle nonprofit Mary’s Place fundraising event in 2018.

Amazon tapped harvard– Educated designer with experience in drafting land use policies for local governments as the new Vice President of Real Estate and Facilities for companies around the world.

Amazon appoints Shannon Lowe to previously held position John Schottlerremain in the company, Austin Business Journal reportedLoew’s hiring comes as Amazon begins a “year-long transition” that will lead to Schoettler’s eventual retirement, ABJ said, citing unnamed sources.

Patrick Miller, the former Amazon real estate director under Schottler, who joined the Seattle giant in 2018, stepped down late last year to become Snap’s senior director of global workplace services. According to his LinkedIn profile.

Loew founded FIX Impact Development in 2008. FIX Impact Development is a Seattle-based real estate design firm that connects design, policy and strategic management projects. According to his LinkedIn profileAccording to his LinkedIn page, Low uses FIX to assist developers in urban redevelopment projects, help formulate urban land-use policies, design products for the construction industry, and create affordable We started working on housing. He previously served as chairman of the Seattle Design Commission when Amazon developed its downtown office his campus, ABJ reported. Rowe holds a Master of Architecture degree. Harvard University Graduate School of Design.

Loew’s hiring comes at a time when the online retail giant is grappling with a bloated real estate portfolio, especially a warehouse empire that exploded during the Great Depression. pandemic.

Last year, Amazon reduced its planned and operational warehouse usage by SF 30 million through subleasing warehouse space, canceling leases of old smaller warehouses, or scrapping plans to occupy new deals. Analysis by MWPVL and Green StreetMWPVL, which tracks e-commerce real estate movements, has found that Amazon still has up to 20% excess industrial capacity in the US

Schottler is Widely credited with growing Amazon’s real estate empirehas boosted its office portfolio from 1M SF when it started in 2001 to over 44M SF across 400 offices in 54 countries.

He was also heavily involved in the Amazon HQ2 process and represented the company in a heated community meeting that followed. it chose Arlington, Virginia, and New York City as cities to build two new headquarters in 2018.rear months of violent backlash, Amazon canceled 25,000 jobs in Queens.Since then it has opened giant office in manhattan No public sweepstakes.

Amazon announced earlier this month plans to cut 18,000 jobs, the largest number of large-scale tech job cuts announced last year. What that entails with its sprawling office footprint remains to be seen, with Microsoft, Meta and Salesforce all Reduce your real estate footprint along with their numbers.

Correction, Jan. 26th at 4:10 PM ET: The pronoun of this story is Updated to reflect the fact that Shannon Lowe is male.

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