Amazon warehouse in Ruskin fetches massive sales price
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.