July 4, 2017

E-commerce giant Amazon is expanding its business in Israel and this week rented 37,000 square meters of space in Tel Aviv and Haifa, to house its new employees.

The internet retailer and cloud services provider signed a lease with Azrieli Group to rent 11 floors (25,000 square meters) of the new Azrieli Sarona Tower, according to a Globes report.

The Tel Aviv deal, said to be the largest in the city in recent years, came less than 24 hours after reports that Amazon will also rent 12,000 square meters in the Gav Yam building in Haifa.

Reports say Amazon will hire over 2,000 new employees.

The internet multinational bought local chip maker Annapurna Labs in 2015 and added the local employees to its research and development team. That $370 million acquisition marked Amazon’s first purchase in Israel.

The Azrieli Sarona Tower in Tel Aviv contains 61 office floors. Reports cite that Facebook, currently in offices on Rothschild, could be Amazon’s new neighbor soon.

Amazon is also hiring talent in Israel for the company’s development center in Herzilya.

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Jason Harris

Jason Harris

Executive Director

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