Thought of the Week
“The United States was born in revolution and nurtured by struggle. Throughout our history, the American people have befriended and supported all those who seek independence and a better way of life.”
-Robert Kennedy
Interesting Sale of the Week
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FedEx Distribution Center – Homestead (Industrial)
Property Description:
236,976 SF distribution center. One single-story building built 2017 on 48.87 acres zoned IU-3. Grade / dock door count unavailable. SF per recorded assignment of rents. Funded by $24.8m debt with State Farm Life Insurance Company. Leased to FedEx commencing 6/27/16.
Details:
- Size: 236,976 SF
- Land Size: 48.87 Acres
- Sale Date: 6/30/2017
- Sale Price: $38,347,933
- Price per SF: $162/SF
- Property Type: IU-3
Website of the Week
Buy One Get Free Movie Tickets (Tuesday Only) for ATT Customers.