Amazon pays $85M for Sunrise fulfillment center site

133-acre tract is near Hiatus Road

Miami /
Aug.August 30, 2021 11:30 AM
Amazon CEO Andy Jassy and Amazon founder Jeff Bezos (Getty, iStock)

Amazon CEO Andy Jassy and Amazon founder Jeff Bezos (Getty, iStock)

Amazon paid $84.5 million for a 133-acre tract in Sunrise where it plans to build a fulfillment center.

Jeff Bezos’ e-commerce giant, which has grown as consumers increasingly turn to online shopping, bought the land on the northwest corner of 44th Street and Hiatus Road, records show.

The sellers are Section 18, managed by Curtis Deem; and the Trust Indenture of Martha Cotton Deem Hook, with Walter Deem Jr. as successor trustee.

Seattle-based Amazon already has several South Florida facilities, either completed or under construction. Last year, Miami-Dade County commissioners approved the sale of land at 13200 Southwest 272nd Street near the Homestead Air Reserve Base to Amazon for a fulfillment center. In Miami-Dade, Amazon also leases space at 3200 Northwest 67th Avenue.

Industrial real estate has thrived throughout 2020 and into this year, with Amazon in part boosting the market’s performance. Newmark reported that Amazon leased about 3 million square feet in South Florida last year.






    Related Articles

    arrow_forward_ios
    Seagis VP Bradlee Lord with the facility (Google Maps, Cornell)
    Seagis Property Group buys warehouse near Miami Gardens for $8M
    Seagis Property Group buys warehouse near Miami Gardens for $8M
    Investment duo pays $41M for Fort Lauderdale shopping plaza
    Investment duo pays $41M for Fort Lauderdale shopping plaza
    Investment duo pays $41M for Fort Lauderdale shopping plaza
    Los Angeles Chargers defensive end Joey Bosa buys a waterfront Fort Lauderdale house for $6M (Daniel Petroni Photography, Getty)
    $6M play: Los Angeles Chargers’ Joey Bosa picks up waterfront Fort Lauderdale home
    $6M play: Los Angeles Chargers’ Joey Bosa picks up waterfront Fort Lauderdale home
    Encore Capital’s Art Falcone and Vision Properties’ Fred Arena with 61 North University Drive in Plantation (Rescore, LoopNet)
    Art Falcone’s Encore Capital sells Plantation Walk office building for $58M
    Art Falcone’s Encore Capital sells Plantation Walk office building for $58M
    Wholesale club wins $4M in suit over shoddy construction at Flagler Station warehouse
    Wholesale club wins $4M in suit over shoddy construction at Flagler Station warehouse
    Wholesale club wins $4M in suit over shoddy construction at Flagler Station warehouse
    Rockpoint, InSite buy B Ocean Resort Fort Lauderdale for $127M
    Rockpoint, InSite buy B Ocean Resort Fort Lauderdale for $127M
    Rockpoint, InSite buy B Ocean Resort Fort Lauderdale for $127M
    Forte Capital Management buys Hollywood medical offices for $11M
    Forte Capital Management buys Hollywood medical offices for $11M
    Forte Capital Management buys Hollywood medical offices for $11M
    Fort Lauderdale Beach hotel portfolio trades for $27M
    Fort Lauderdale Beach hotel portfolio trades for $27M
    Fort Lauderdale Beach hotel portfolio trades for $27M
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...