Cole REIT Buys Amazon DC for $103.6M
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USAA Real Estate Company sold the Amazon Distribution Center at 3350 Laurel Ridge Ave. in Ruskin, FL to Cole Office & Industrial REIT (CCIT II) for $ 103.6 million, or about $ 102 per square foot. The 1.02 million-square-foot, 5-Star industrial building was completed in 2014 on 79.5 acres in the SE Hillsborough County Industrial submarket. The asset is 100-percent occupied by Amazon under a master lease that expires in 2029 with four five-year…
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