Amazon signs lease agreement for massive OKC facilityPublished: Thursday, May 31, 2018 By: David Dishman Source: NewsOK
Amazon has signed a construction contract and lease agreement to pay more than $246,000 in rent annually for its fulfillment center near the Will Rogers World Airport.
The construction contract and lease and operations agreement are between the Oklahoma City Airport Trust and FC Oklahoma City OK Landlord, LLC, which lists Amazon.com Services, Inc. as a sublessee. The documents, obtained by The Oklahoman through an open records request, show Amazon will pay an initial annual rate of $246,039.26.
The lease rate is determined by a rate of 8 cents per square foot for the more than 69 acres of land to be used for the project. With about 3 million square feet, Amazon will pay $20,169.94 per month.