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Monmouth Real Estate Investment has a number of FedEx-leased properties, including a FedEx Ground property in Mesquite, TX. Monmouth Real Estate Investment has a number of FedEx-leased properties, including a FedEx Ground property in Mesquite, TX

NORTH CHARLESTON, SC—Monmouth Real Estate Investment Corp. has acquired a new more than 265,000-square-foot FedEx Ground building here for approximately $47.2 million.

The brand-new property at 6850 Weber Blvd. in North Charleston is net leased to FedEx Ground for 15 years and totals 265,318 square feet. The property is located on a 50-acre parcel.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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