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 Anderson, S.C.; Bristol, Va.; Christiansburg, Va.; Myrtle Beach, S.C.; Punta Gorda, Fla.; 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 distribution coverage across the Carolinas, Virginia and Florida.
“The scale and geographic diversific
