POMPANO BEACH, FL—The 100% net-leased FedEx Ground facility herehas been acquired by TIAA-CREF of Charlotte,NC.
The 285,005-square-foot property at 2700 NW 25th Street inPompano Beach was sold by Ft. Lauderdale BTS, LLC,of Charlotte, NC. The sale was announced by CBRE CapitalMarkets Institutional Properties, which represented theseller in the deal. No financial details on the transaction werereleased.
The building sits on a 26.78-acre site that was built to suitfor FedEx Ground in 2006, and expanded in 2012. The 375-foot deepcross-dock building features a 30-foot clear span height, 90-footto 160-foot deep truck courts, a custom material handling andsorting conveyor system, dedicated trailer storage parking and asecure and fully fenced perimeter.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
