UNLOCK THE POWER OF THE VAULT

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.

Article Located Here

Print Friendly, PDF & Email
Go Back
Ramón A. Rivera-Ramos
Blue Vault Nontraded REIT and Nontraded BDC Reviews
September 1, 2016

Blue Vault helps me to stay well informed on the financial status of both open and closed nontraded REITs and BDCs, so that I can help my clients better understand the product, before they make the decision to invest and after.