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Stock impact report

FedEx Ground anchors $24.5M sale of massive Edison industrial site [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
FedEx Ground Package System occupies part of the site with secured trailer parking. The 5.5-acre property at 76 National Road includes a 25,000-square-foot warehouse. The building features four dock doors, two drive-in doors, and 16-foot clear height, according to a statement from JLL Capital Markets. A regional trucking and logistics company serving the ports of New Jersey and New York leases the remainder of the site. JLL represented the seller, K Group, and secured the buyer in the transaction. The firm also arranged acquisition financing for Ridgecut Road through a regional bank. Founded in 2021, Ridgecut Road focuses on industrial properties in New Jersey and New York. More New Jersey news N.J. weather: Chilly temperatures, increased wildfire risk in forecast to start week Historic N.J. American Legion post reimagined as supportive veterans housing Burlington opening 2 new N.J. mall stores this spring Read the original article on NJ.com . Add NJ.com as a Pref Show less Read more
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