Andy Jassy And Jeff Bezos Acquire 120 Acres From Chris Kleinert For Amazon Distribution Hub In Terrell
3201 Airport Road
Building Size
—
Asset Type
Development Site
Closing
Jul 29, 2025
AI
The property involved in this transaction is a development site spanning 120 acres, located at 3201 Airport Road in Terrell. This site was previously part of a larger 2,500-acre property owned by Hunt Realty Investments. It is intended for the construction of a new international distribution hub.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Address: 3201 Airport Road
- Market: Terrell
- Acres: 120
- Buyer: Andy Jassy & Jeff Bezos - Amazon
- Seller: Chris Kleinert - Hunt Realty Investments
This transaction is set to create over 1,000 jobs and is part of Amazon’s broader expansion in Texas. Seefried Industrial Properties is responsible for developing a 933,656-square-foot facility on the newly acquired site.
Players
Terrell Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93