Amazon inks deal for retail store in DC

Amazon.com Inc. (NASDAQ: AMZN) is preparing to grow its brick-and-mortar retail presence along one of D.C.’s growing retail corridors: 14th Street NW.

The e-commerce giant has signed a lease for more than 8,000 square feet for one of its retail concepts at 14th and Riggs streets NW, according to a source familiar with the deal. Amazon declined to comment.

The Amazon concept will join several other previously announced retail tenants, including Sephora, Bluestone Lane and Parachute Home, at Liz, the mixed-use project from Whitman Walker Health and Fivesquares Development at 1701 14th St. NW.

Amazon has been testing out several brick-and-mortar retail concepts in the U.S., including an Amazon Bookstore, Amazon Go convenience store, Amazon Grocery, and Amazon 4-Star, which sells only products rated four stars or higher on Amazon’s website. The retailer had been eyeing 14th Street for its Amazon Go concept, according to a second source with knowledge of the talks.

The company,…

Read the full story from the Washington Business Journal.

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