SOLD
TF Cornerstone Acquires 486.7K SF FedEx Distribution Center In Stafford, VA For $79.5M
180 Centreport Parkway
Industrial
486,720 SF
486,720 SF
Sold 300 days ago
Summary
Sale
VIRGINIA
Industrial
486,720 sqft
TF Cornerstone has acquired the 486,720-square-foot distribution center located at 180 Centreport Parkway in Stafford, VA for $79.5 million. The property, known as 95 Distribution Center, was developed in 2021 and is fully leased. It is an industrial asset in the Stafford market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $79,500,000
- Address: 180 Centreport Parkway, Stafford, VA
- Market: Stafford, VA
The buyer, TF Cornerstone, acquired the property from sellers Blue Vista Capital Management and CSG Partners. The transaction was facilitated by the brokers Jonathan Carpenter, Graham Savage, Doug Longyear, and Eric Robison of Cushman & Wakefield.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Graham Savage, Jonathan Carpenter, Doug Longyear & Eric Robison
DATE: 07/05/2023
ADDRESS: 180 Centreport Parkway
MARKET: Stafford, VA
ASSET TYPE: Industrial
BUYER: TF Cornerstone
SELLER: Blue Vista Capital Management & CSG Partners
BROKERS: Jonathan Carpenter, Graham Savage, Doug Longyear & Eric Robison - Cushman & Wakefield
SALE PRICE: $79,500,000
SF: 486,720 ~ PPSF: $163
NOTE: TF Cornerstone has acquired the 486,720-square-foot distribution center in Stafford, Virginia, occupied by FedEx, for $79.5 million. The property, known as 95 Distribution Center, was developed in 2021 and is fully leased.View on map
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Address180 Centreport Parkway
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