![Amazon CEO Jeff Bezos and RXR CEO Scott Rechler with 56-19 Grand Avenue in Queens (Credit: Getty Images, Google Maps)](https://static.therealdeal.com/wp-content/uploads/2019/12/493-amazon-rxr-back-in-queens-200x143.jpg)
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Frito Lay cashes in chips, sells Queens warehouse to Prologis
Logistics giant pays $37.5M for Ridgewood property
![Prologis CEO Hamid Moghadam and 18-51 Flushing Ave. (Credit: Google Maps, iStock)](https://static.therealdeal.com/wp-content/uploads/2020/01/1200_Frito-Lay-cashes-in-chips.jpg)
How’s this for a tasty deal?
The Frito Lay company sold a Queens warehouse to logistics giant Prologis for $37.5 million, records filed with the city Thursday show.
The property at 18-51 Flushing Avenue is home to a warehouse and parking lot for Lay’s trucks.
Representatives for Frito Lay and Prologis were not immediately available to comment.
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![Amazon CEO Jeff Bezos and RXR CEO Scott Rechler with 56-19 Grand Avenue in Queens (Credit: Getty Images, Google Maps)](https://static.therealdeal.com/wp-content/uploads/2019/12/493-amazon-rxr-back-in-queens-200x143.jpg)
![Amazon leases nearly 154 million square feet of warehouse space compared to the 4 million square feet it owns (Credit: iStock)](https://static.therealdeal.com/wp-content/uploads/2019/12/493-amazon-warehouses-200x143.jpg)
Prologis recently inked a deal to buy a large warehouse in Sunset Park for $60 million. The building will soon be home to the nonprofit City Harvest.
The market for warehouse sales has been hot thanks to a push from internet retailers — notably Amazon — to deliver items faster than ever. Industrial buildings and sites that can aid in last-mile delivery or serve as distribution centers saw brisk sales last year. Prologis’ plans for the Flushing Avenue address could not be determined.