Jeff Bezos And Andy Jassy Acquire Industrial Facility In West Jefferson For $95.92M

Amazon acquired an industrial facility located at 44 Commerce Parkway in West Jefferson, OH for $95.92 million. The property encompasses 1,090,000 square feet and is valued at $88 per square foot. Built in 2022, it includes features such as 40-foot clear heights, 190 dock doors, four drive-in doors, 2,835 square feet of office space, and ESFR sprinklers.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $95,920,000
• Buyer: Jeff Bezos & Andy Jassy - Amazon
• Seller: Zack Markwell - Stonemont Financial Group
• Broker: Newmark
• Square Footage: 1,090,000
• Price Per Square Foot: $88

The transaction involved Jeff Bezos and Andy Jassy representing Amazon as the buyers, while Zack Markwell represented Stonemont Financial Group as the seller. Newmark acted as the broker facilitating the deal, ensuring that the interests of both the buyer and seller were represented throughout the transaction process.