Amazon has quietly staked out a massive new foothold in Pierce County, appearing to buy the Ashley Furniture distribution complex in the Spanaway-Frederickson area, according to county records filed this week. The main campus at 20623 34th Ave. E. shows a sale price just under $200 million, while two undeveloped parcels that were part of the original "Frederickson 40" traded separately for roughly $21.7 million. How Amazon plans to run the site, whether as a fulfillment center, sort facility or regional storage hub, is still not publicly disclosed.
Submitted sales documents recorded Friday list Amazon.com Services LLC as the buyer of the Spanaway property and show the near-$200 million figure, according to The News Tribune. The same filings reflect the separate $21.7 million sale of the undeveloped Frederickson parcels. The outlet also notes that neither Amazon nor Ashley immediately responded to requests for comment.
How Ashley assembled the site
Ashley Furniture did not inherit a ready-made campus. The company pieced it together over several years, first paying about $8.5 million for roughly 40 acres in 2018 and then another $12.1 million for about 37.5 acres in 2019 as it consolidated land in Frederickson. That acquisition history was reported by the Daily Journal of Commerce.
Built for regional distribution
The Frederickson center was purpose-built for serious regional freight traffic. The first phase broke ground in 2021 and opened in 2022, and a second phase later added hundreds of thousands of square feet, pushing the complex above the one-million-square-foot mark. The expansion was designed to receive cargo flowing through the Port of Tacoma and then feed regional deliveries and store replenishment, as described by the Puget Sound Business Journal.
Property details
Commercial listings put the facility at roughly 1.11 million square feet, outfitted with heavy-dock infrastructure, substantial trailer parking and 40-foot clear heights that line up neatly with modern e-commerce logistics needs. Public commercial real estate pages used by brokers and underwriters spell out the building and parcel specifications that tenants and buyers look for. For example, LoopNet markets the completed industrial campus and highlights its high-capacity dock packages and trailer stalls.
Why the transfer matters
If the recorded filings hold, the deal would rank among Pierce County's largest commercial real estate transactions in recent years and would highlight continuing demand for big logistics sites within striking distance of the port. County and broker records are still being updated and "no further details were immediately available," according to The News Tribune.
