TF Cornerstone Acquires 486.7K SF FedEx Distribution Center In Stafford, VA For $79.5M

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.