The $355 million sale of Amazon’s future distribution center in Revere is the latest evidence of the strong demand for industrial properties near population centers and Logan International Airport.

Developers Atlantic Management of Framingham and VMD Cos. of North Andover sold the 830,000-square-foot former Necco candy factory on American Legion Highway to Clarion Partners. The Boston Globe first reported the pending sale.

Mass Mutual Life Insurance provided $114 million in mortgage financing.

After acquiring the 50-acre property in 2018 for $54.6 million, Necco owner Round Hill Investments shuttered the facility, and received a $115 million bridge loan from Loancore Capital Credit REIT to update the facility for state-of-the-art distribution space.

Amazon leased the entire facility in October and announced plans to hire up to 800 employees to work at the new facility, which is scheduled to open this spring.

Demand for e-commerce distribution sites has contributed to a 2 million-square-foot pipeline of new warehouse space under construction in eastern Massachusetts, according to Lincoln Property Co. data.

Industrial properties in Greater Boston recorded 1.3 million square feet of positive absorption in 2019, according to Colliers International data, driving vacancies down to a five-year low of 9.1 percent.