facebook
Traded Co logo
Submit

FedEx Leases Industrial Property In Fort Worth From PGIM Real Estate

Property Image
LEASED

Texas

See Similar Deals
Industrial186,577 SF
Leased 07/13/2020
the dealdetailscomps
Property Image
LEASED

FedEx Leases Industrial Property In Fort Worth From PGIM Real Estate

1901 Joel East Road, Fort Worth, TX 76140

See Similar Deals
Industrial186,577 SF
Leased 07/13/2020
the dealdetailscomps

Summary

TEXAS
Asset Type:Industrial
Total Square Footage:186,577 SF
Transaction Type:Lease

An industrial property located at 1901 Joel East Road in Fort Worth has recently been leased. The property spans approximately 186,577 square feet, making it a sizable asset in the industrial market.

Summary of transaction details

  • Property Type: Industrial
  • Date: 07/13/2021
  • Address: 1901 Joel East Road
  • Market: Fort Worth
  • Square Footage: 186,577

In this lease transaction, FedEx has become the new tenant of the industrial property. The landlord, PGIM Real Estate, represented by Eric Adler, has successfully secured a lease agreement with Frederick Smith, the representative of FedEx. This deal highlights the involvement of key individuals and companies in the Fort Worth industrial real estate market.

Details

LEASED
IMAGE: Eric Adler & Frederick Smith DATE: 07/13/2021 ADDRESS: 1901 Joel East Road MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 186,577 TENANT: FedEx - Frederick Smith LANDLORD: PGIM Real Estate - Eric Adler

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$10,694,481.05

Total Lease Value

$106,944,810.51

Net Landlord Cash Flow$10,694,481.05