Amazon’s Tampa Bay area warehouse was just sold for $123.6 million

But does the purchase come with free one-day shipping?

click to enlarge Amazon’s Tampa Bay area warehouse was just sold for $123.6 million
Photo via Facebook/Amazon

No word on whether or not the purchase comes with free one-day shipping, but Amazon has sold its million-square-foot Ruskin warehouse to Industrial Logistics Properties Trust.

The price tag on the property — located at 3350 Laurel Ridge Ave. — was $123.6 million, according to Hillsborough County property records, and that sum amounts to more than $20 million more that what the space sold for three years ago. According to TBBJ, Phoenix-based Cole Office & Industrial REIT II paid $103.6 million for the warehouse in 2016.

Amazon has been in the news lately thanks to its move toward one-day shipping, and it will reportedly spend $800 million in the second quarter alone to make the speedy deliveries happen.

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About The Author

Ray Roa

Read his 2016 intro letter and disclosures from 2022 and 2021. Ray Roa started freelancing for Creative Loafing Tampa in January 2011 and was hired as music editor in August 2016. He became Editor-In-Chief in August 2019. Past work can be seen at Suburban Apologist, Tampa Bay Times, Consequence of Sound and The...
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