PGIM and Miramar Capital have completed the $300 million sale of a six-property FedEx industrial portfolio totaling approximately 1.6 million square feet across five Southeast states. A confidential buyer acquired the assets.
JLL Capital Markets represented the seller.
The strategically located portfolio comprises modern Class A logistics facilities in Punta Gorda, Fla.; Anderson, S.C.; Myrtle Beach, S.C.; Christiansburg, Va.; Bristol, Va.; and Wingate, N.C.
Built between 2022 and 2023, the properties feature contemporary design and infrastructure purpose-built for last-mile distribution operations. The portfolio is 100 percent occupied by FedEx under long-term net lease agreements. The facilities range from approximately 251,000 square feet to 337,000 square feet and serve critical logistics markets throughout the Southeast region, providing essential dis
