Two Big Single-Tenant Sales – FedEx and GE Oil & Gas
Two big sales, totaling $88M, closed this past week with FedEx at Cecil Commerce Center selling at $30.65M or $103/SF to Monmouth and the GE Oil & Gas building sold to Realty Income for $57.6M or $113/SF. Both are long term single-tenant net leased assets. Karen Brune Mathis of The JAX Daily Record has the announcement.
Posted on March 6, 2015, in JAX Daily Record, Single Tenant Net Leased (STNL), Transactions, Warehouses/Industrial and tagged cecil commerce center, FedEx, GE Oil & Gas, Karen Brune Mathis, monmouth, realty income. Bookmark the permalink. Leave a comment.