The developer of the Northwest Jacksonville Amazon.com fulfillment center sold the property July 30 for $107.8 million to JDM Partners of Phoenix.
RELP Duval LLC, part of USAA Real Estate Co. of San Antonio, sold the 169.18-acre property at 12900 Pecan Park Road to JDM AMZN JAX LLC.
The fulfillment center is a multilevel building with a base size of 875,580 square feet and a total interior square footage of about 2.4 million square feet.
Goldman Sachs Bank USA of New York financed the deal. It issued a $69.9 million mortgage to JDM for the Jacksonville deal and a property purchase in Kansas City, Kansas.
The Jacksonville center is at Duval and Pecan Park roads, just off Interstate 295 and a mile and a half south of Jacksonville International Airport.
Amazon leases the center. The Seattle-based online retailer opened it in September 2017 to fulfill orders for small items. It opened a 1.1 million-square-foot fulfillment center for larger goods a month later in AllianceFlorida at Cecil Commerce Center in West Jacksonville.
Amazon has since opened or planned several more fulfillment, sortation and delivery centers in Northeast Florida, including a 1 million-square-foot project in review at Imeson Park in North Jacksonville for its softlines apparel category.
USAA Real Estate Co. through RELP Duval LLC, paid $15 million in July 2016 for the Pecan Park Road property to develop the e-commerce center.
RELP also paid $700,000 for smaller parcels along Pecan Park Road and Duval Road.