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SunTrust Equity Funding closes on Amazon-leased site at Palm Beach Park of Comm
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SunTrust Equity Funding paid $21.8 million for land leased to Amazon, property records show. An affiliate of TPA Group sold the 100-acre site within the Palm Beach Park of Commerce to AZ Palm Beach FL Landlord LLC, which is tied to SunTrust Equity Funding. Included in the deed is the mention of a lease with the e-commerce giant Amazon. A spokesperson for Amazon did not immediately respond to a request for comment. TPA paid $4.1 ... [more]
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