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Amazon warehouse in Ruskin fetches massive sales price

July 1, 2016

 

 


Amazon warehouse in Ruskin fetches massive sales price

Updated
Amazon.com Inc.’s massive fulfillment center in Ruskin has been sold for a massive price tag.

The million-square-foot warehouse sold to Cole Office & Industrial REIT II, a Phoenix-based real estate investment trust, for $103.6 million, according to a Hillsborough County deed filed Wednesday. The price breaks down to $100 per square foot.

The deal closed Tuesday, according to the deed.

The seller was San Antonio-based USAA Real Estate Co., which bought the land to develop the warehouse for Amazon in 2013. It paid $14.6 million for 80 acres, according to property records.

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