October 2, 2023


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Amazon Names New VP Of World wide Corporate Authentic Estate

Courtesy of Amazon

Amazon’s previous Vice President of International Serious Estate and Facilities John Schoettler talking at a fundraising event for Seattle nonprofit Mary’s Put in 2018.

Amazon has tapped a Harvard-educated designer with working experience in drafting municipal land use guidelines as its new vice president of throughout the world corporate actual estate and amenities.

Amazon named Shannon Loew to the position formerly held by John Schoettler, who will continue to be with the organization, the Austin Company Journal noted. Loew’s hiring comes as Amazon starts a “years-long transition” that will direct to Schoettler’s eventual retirement, the ABJ reported, citing anonymous sources. 

Amazon’s former true estate director beneath Schoettler, Patrick Miller — who joined the Seattle giant in 2018 — remaining at the end of final 12 months and grew to become the senior director of world office providers for Snap Inc., according to his LinkedIn profile.

Loew launched Take care of Effects Enhancement in 2008, a Seattle-centered true estate layout business that marries design, plan and strategic administration tasks, according to his LinkedIn profile. With Resolve, Loew centered on serving to builders with urban redevelopment projects, helped formulate land use policies for metropolitan areas, designed development field items and introduced economical housing endeavors, according to his LinkedIn web site. He was previously chairman of the Seattle Style Commission when Amazon produced its downtown office campus, ABJ noted. Loew obtained a Learn of Architecture from the Harvard University Graduate University of Style and design.

Loew’s choosing arrives as the on the web retail giant has been wrestling with a bloated actual estate portfolio, specially its warehouse empire, which skyrocketed through the depths of the pandemic.

Past 12 months, Amazon lessened its prepared and operational warehouse takes advantage of by 30M SF by way of subleasing warehouse area, canceling leases in exiting older, smaller warehouses or scrapping designs to occupy new bargains, according to an evaluation by MWPVL and Inexperienced Avenue. MWPVL, which tracks the e-commerce’s authentic estate moves, found that Amazon nevertheless has up to 20% excessive industrial ability in the U.S.

Schoettler is largely credited for growing Amazon’s actual estate empire, pushing the business office portfolio from 1M SF when he started in 2001 to far more than 44M SF throughout 400 workplaces in 54 international locations.

He was also seriously involved in the Amazon HQ2 method, symbolizing the company in heated community meetings after it chose Arlington, Virginia, and New York City in 2018 as towns in which to make two new headquarters. Immediately after months of significant pushback, Amazon canceled its 25,000-job commitment to Queens. It has due to the fact opened huge places of work in Manhattan devoid of a general public sweepstakes. 

Amazon declared before this thirty day period ideas to slice 18,000 employment, the greatest variety of layoffs for any of the major tech headcount reductions introduced this past calendar year. It is as yet unclear what that entails its wide place of work footprint — Microsoft, Meta and Salesforce have all introduced options to reduce their serious estate footprints along with their headcounts.

CORRECTION, JAN. 26, 4:10 P.M. ET: Pronouns in this story have been updated to reflect the reality that Shannon Loew is a male.