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MISSIONFOOTPRINT HISTORY LEADERSHIPCORPORATE GOVERNANCE NEWS NAT Announces Acquisition of a 39-Building Portfolio of Industrial Properties Properties Located Nationwide, with Concentrations in FL, TX & CA NorthAmerican Terminals Management, LLC, (NAT) announced the acquisition of a 39-building portfolio of industrial properties from FedEx Freight, Inc. and affiliates (FedEx), for $87.1mm. Further terms of the transaction were not released. "This acquisition of well-located, irreplaceable properties adds to our existing truck terminal portfolio at a time of improving industry fundamentals," said Robert Fordi, NAT’s president. “The entire FedEx team was excellent to work with, and we look forward to future mutual opportunities,” he added. Properties in the portfolio are located nationwide, with concentrations in Florida, Texas and California. |
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