Monmouth Purchases New 300,000 SF Industrial Asset Leased to Amazon in OKC for $30.2M
This image shows an example of an Amazon fulfillment center in Minnesota. The e-commerce giant signed a 10-year lease at the industrial property located at 1414 S. Council Road in Oklahoma City.
OKLAHOMA CITY — Monmouth Real Estate Investment Corp., a New Jersey-based, publicly traded REIT, has purchased a 300,000-square-foot industrial property leased to Amazon Fulfillment Services Inc. in Oklahoma City for approximately $30.2 million. Construction of the property, which is situated on 123 acres at 1414 S. Council Road near Will Rogers International Airport on the city’s west side, was completed within the last few months. Amazon is currently under a 10-year net lease agreement at the property.