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Stock impact report

Edison industrial facility sells for $24.5 million [Yahoo! Finance]

Jones Lang LaSalle Incorporated (JLL) 
Last jones lang lasalle incorporated earnings: 2/11 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jll.com
Company Research Source: Yahoo! Finance
JLL Capital Markets announced the $24.5 million sale and acquisition financing of 76 National Road, an approximately 5.5-acre site occupied by FedEx Ground Package System. A regional trucking and logistics firm serving the New Jersey and New York ports leases the remainder of the facility. The property includes a 25,000-square-foot warehouse with four dock doors, two drive-in doors, and a 16-foot clear height. 76 National Road in Edison. More: Edison named best U.S. commuter town for hybrid workers Located less than two miles from Route 287 and under five miles from Route 95 and the NJ Turnpike, the property offers direct highway access across the tri-state region. The site is positioned within a one-day drive of more than 244 million consumers ? approximately 73 percent of the U.S. population. Founded in 2021, Ridgecut Road owns and operates low coverage industrial sites and developing class A warehouse and logistics facilities. Eric and Scott Shalek, principals at R Show less Read more
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