Amazon Ruskin sale shows investors remain bullish on Tampa-area industrial properties

Region's industrial real estate surge is attracting new players to an already crowded market

  • By Kevin McQuaid
  • | 6:00 a.m. June 7, 2019
  • | 0 Free Articles Remaining!
COURTESY PHOTO — The recent $123.3 million sale of the Amazon-occupied distribution center in Ruskin shows that new investors are flocking to the region.
COURTESY PHOTO — The recent $123.3 million sale of the Amazon-occupied distribution center in Ruskin shows that new investors are flocking to the region.
  • Commercial Real Estate
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A surge in population along the Gulf Coast, combined with macro-economic changes in the way goods are distributed to consumers, is fueling a wave of new entrants into the region’s industrial property market.

Most recently, the trend manifest in Industrial Logistics Properties Trust’s $123 million deal for an Amazon-occupied fulfillment center in Ruskin.

 

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