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6447 North Cutter Circle
SOLD

William Brooks Of B&E Brokers $32.5M Sale Of FedEx Facility In Portland's Swan Island

6447 North Cutter Circle

Industrial
clock iconSold 46 days ago
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Summary

Sale
OREGON
Industrial

The $32.5 million sale of a FedEx Ground distribution facility in Portland's Swan Island Industrial Park at 6447 North Cutter Circle marks a significant transaction setting the 2024 benchmark cap rate for FedEx in the area.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $32,500,000
  • Address: 6447 North Cutter Circle
  • Market: Portland, OR
  • Broker: William Brooks - B+E

William Brooks from B+E played a pivotal role in brokering the deal, facilitating the $32.5 million sale of the FedEx Ground distribution facility. The transaction underscores the expertise and market knowledge of the involved parties, solidifying their positions in the industrial property sector.

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William Brooks's profile picture
William Brooks
B+E Net Lease-image
Associate Director
$32.5M Sold

Details

Deal Summary
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SOLD
IMAGE: 06/03/2024 ADDRESS: 6447 North Cutter Circle MARKET: Portland, OR ASSET TYPE: Industrial BROKER: William Brooks - B+E SALE PRICE: $32,500,000 NOTE: B+E brokered the $32.5 million sale of a FedEx Ground distribution facility in Portland's Swan Island Industrial Park, setting the 2024 benchmark cap rate for FedEx.

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Address6447 North Cutter Circle

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