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E-commerce giant Amazon is reportedly going to offload an office complex it has in the Bay Area of Northern California.
The nearly 29-acre site is located in Milpitas, a city between Fremont and San Jose.
Amazon bought the property for over $120 million in 2021 during the second year of the COVID-19 pandemic, according to Bloomberg, which first reported the news Thursday.
Amazon spokesperson Steve Kelly told FOX Business Friday the company is "always evaluating our network to make sure it fits our business needs."
AMAZON BEGINS CUTTING 18,000 WORKERS IN ITS BIGGEST LAYOFFS EVER