Amazon warehouse in Ruskin fetches massive sales price

July 1, 2016



Amazon warehouse in Ruskin fetches massive sales price

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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Ramón A. Rivera-Ramos
Blue Vault Nontraded REIT and Nontraded BDC Reviews
September 1, 2016

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