After landing Amazon as anchor tenant for a speculative distribution center project in Northborough, developers are putting the 600,000-square-foot facility on the market.

Burlington-based Gutierrez Cos. and TA Realty broke ground on the high-bay facility on Bartlett Street in 2019 and completed construction in November.

The listing has already attracted significant interest from prospective buyers, said Frank Petz, managing director of investment sales for Colliers International, which represents the sellers.

“If you want to buy a commodity in real estate right now, it’s Amazon distribution,” Petz said.

The e-commerce leader’s demand for both large distribution centers and last-mile delivery stations is a major driver of industrial development in both suburban and core submarkets.

Greater Boston’s nearly 160 million-square-foot industrial market has an 8.2 percent vacancy rate after absorbing 2.4 million square feet in 2020, according to Colliers’ Q4 Industrial Snapshot research report, up from 1.3 million square feet in 2019.

Amazon-leased industrial properties in Greater Boston have fetched top prices in recent transactions.

Framingham-based Atlantic Management and VMD Cos. of North Andover redeveloped the former Necco candy factory in Revere into an 830,000-square-foot distribution center for Amazon that sold last year for $355 million, or $428 per square foot.

Newly-Developed Amazon Distribution Center Hits Market

by Steve Adams time to read: 1 min