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.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on March 6, 2015, in JAX Daily Record, Single Tenant Net Leased (STNL), Transactions, Warehouses/Industrial and tagged , , , , , . Bookmark the permalink. Leave a comment.

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