{"id":12128,"date":"2021-06-15T10:44:50","date_gmt":"2021-06-15T14:44:50","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=12128"},"modified":"2021-06-15T10:44:56","modified_gmt":"2021-06-15T14:44:56","slug":"amazon-sold-warehouse-in-polk-county-for-170-million","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2021\/06\/15\/amazon-sold-warehouse-in-polk-county-for-170-million\/","title":{"rendered":"Amazon sold warehouse in Polk County for $170 million"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Another Amazon.com facility in Polk County has sold for a blistering price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Amazon&#8217;s 1.078 million-square-foot warehouse in Auburndale has sold to a corporate entity linked to Boston-based Eaton Vance Real Estate Investment Group for $170 million in a deal that closed June 2, according to Polk County property records.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Eaton Vance is owned by Morgan Stanley; Morgan Stanley paid $7 billion for Eaton Vance in March.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The seller was Prologis Inc., which&nbsp;<a href=\"https:\/\/www.bizjournals.com\/tampabay\/news\/2019\/11\/20\/amazon-confirms-new-1m-square-foot-fulfillment.html\" target=\"_blank\" rel=\"noreferrer noopener\">developed<\/a>&nbsp;the warehouse after&nbsp;<a href=\"https:\/\/www.bizjournals.com\/tampabay\/news\/2019\/11\/14\/industrial-developer-closes-10m-land-deal-in-polk.html\" target=\"_blank\" rel=\"noreferrer noopener\">landing<\/a>&nbsp;Amazon as a tenant in 2019. When Amazon (NASDAQ: AMZN) confirmed the deal, it was the e-commerce giant&#8217;s fourth location in Polk County.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Representatives from Prologis and Eaton Vance did not immediately respond to requests for comment on Monday.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"537\" height=\"370\" src=\"https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2021\/06\/amanzon.png?resize=537%2C370&#038;ssl=1\" alt=\"\" class=\"wp-image-12129\" srcset=\"https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2021\/06\/amanzon.png?w=537&amp;ssl=1 537w, https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2021\/06\/amanzon.png?resize=300%2C207&amp;ssl=1 300w\" sizes=\"auto, (max-width: 537px) 100vw, 537px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The warehouse sits on 146 acres on C. Fred Jones Boulevard in Auburndale, south of Interstate 4 near the State Road 559 interchange. Prologis paid $10 million for the site in 2019.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Amazon-occupied warehouses have become one of the hottest investments in Central Florida. The pricing of the Auburndale facility \u2014&nbsp;roughly $157 per square foot \u2014&nbsp;is in line with another recently sold Amazon warehouse. Lakeland Dragstrip Logistics Center, which Amazon also occupies,&nbsp;<a href=\"https:\/\/www.bizjournals.com\/tampabay\/news\/2021\/04\/06\/amazon-warehouse-in-lakeland-sold.html\" target=\"_blank\" rel=\"noreferrer noopener\">sold<\/a>&nbsp;for around $108 million or $150 per square foot in early April.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Those sales are encouraging developers to make&nbsp;massive speculative bets&nbsp;on the region&#8217;s industrial market: In Lakeland, Orlando-based Parkway Inc. and Silverpeak Real Estate Partners are planning to kick off a new industrial park with a speculative 708,000-square-foot warehouse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another Amazon.com facility in Polk County has sold for a blistering price. Amazon&#8217;s 1.078 million-square-foot warehouse in Auburndale has sold to a corporate entity linked to Boston-based Eaton Vance Real&hellip; <\/p>\n","protected":false},"author":1,"featured_media":12129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","inline_featured_image":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"wpai_generated_summary":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"dois","default_image_id":71799,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[12,14],"tags":[554],"class_list":["post-12128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","category-news","tag-amazon-sold-warehouse-in-polk-county-for-170-million"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/12128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/comments?post=12128"}],"version-history":[{"count":0,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/12128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media\/12129"}],"wp:attachment":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media?parent=12128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/categories?post=12128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/tags?post=12128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}