Amazon invests nearly $100 million in new U.S. fulfillment center

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  • Amazon has purchased a large warehouse and distribution facility in Ocala, Florida for $97.675 million.
  • The sale is the largest real estate transaction in the county this year.
  • The building was constructed to Red Rock Development’s specifications and is expected to be completed in 2023.

Amazon paid $97,675,000 for a large warehouse and distribution facility in Ocala, Florida, west of Interstate 75 and north of Route 27, according to a deed filed with a court clerk.

The facility, located at 3171 NW 44th Ave., has 1,085,000 square feet of warehouse/distribution space on 91 acres, real estate marketing materials state. Due east on the other side of Interstate 75 are Chewy, AutoZone and FedEx distribution centers, as well as existing Amazon operations.

The seller is listed as Ocala 44 RRL LLC, based in West Palm Beach. The buyer is Seattle-based Amazon.com Services LLC. LXP Industrial Trust, which describes itself as a “real estate investment trust focused on Class A warehouse and distribution real estate investments,” announced the sale in an Oct. 1 news release.

The deed was recorded with the clerk of court on October 1st. This is by far the largest real estate sale in Marion County this year.

News of the sale comes just weeks after a tenant was signed for a similarly large distribution center at Trailhead Logistics Park, just west of Interstate 75 and north of County Road 484.

The buildings Amazon has purchased are built to spec, meaning they have no tenants. Built by Red Rock Development. A groundbreaking ceremony was held in June 2021, and the building is expected to be completed in 2023, according to the real estate appraiser’s office.

At the 2021 groundbreaking ceremony, Kevin Shealey, then president and CEO of the Ocala Metro Chamber & Economic Partnership (CEP), called the Red Rock construction project “another home run for the company, future tenants and the community,” according to an account on the Star Banner, part of the USA TODAY Network.

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