Four Springs TEN31 Xchange Acquires Amazon-Leased Sortation Center in Georgia
Type: Acquisition · Technology: Industrial · Country: United States · Value: $58.93M · Announced: 2026-08-17
Four Springs TEN31 Xchange (FSXchange) has acquired a 278,670-square-foot Amazon cross-dock sortation center in Appling, Georgia. The facility, known as AGS5 within Amazon's network, was completed in 2021 on a 46.38-acre site. The acquisition was announced concurrently with the launch of FSX Industrial 36, DST, a $58.93 million all-cash offering. The sortation center is leased to Amazon.com Services under a long-term net lease with annual rent escalations, and is guaranteed by Amazon.com. This facility is strategically located adjacent to Amazon's 2.7 million-square-foot fulfillment center, making it a critical node in Amazon's regional logistics network.
Analysis
Four Springs TEN31 Xchange acquired a 278,670-square-foot Amazon cross-dock sortation center in Appling, Georgia, announced on 2026-08-17. The facility, known as AGS5, was completed in 2021 on a 46.38-acre site. The acquisition coincided with the launch of FSX Industrial 36, DST, a $58.93 million all-cash offering. Amazon.com Services leases the sortation center under a long-term net lease with annual rent escalations, guaranteed by Amazon.com. This industrial facility is located adjacent to Amazon's 2.7 million-square-foot fulfillment center.
Key points
- Acquisition announced 2026-08-17 by Four Springs TEN31 Xchange.
- Asset is a 278,670-square-foot Amazon cross-dock sortation center in Appling, Georgia.
- Facility completed in 2021 on a 46.38-acre site.
- Leased to Amazon.com Services under a long-term net lease with annual rent escalations, guaranteed by Amazon.com.
- Concurrent launch of FSX Industrial 36, DST, a $58.93 million all-cash offering.
Counterparties
- Amazon.com (Guarantor)
- Four Springs TEN31 Xchange (Buyer)
- Amazon.com Services (Tenant)
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