Distribution facility sells for nearly $95M

The 236,000-square-foot FedEx-occupied facility in St. Petersburg sold to an undisclosed buyer

  • By Louis Llovio
  • | 11:20 a.m. November 2, 2021
  • | 0 Free Articles Remaining!
COURTESY: FedEx occupied distribution facility has been sold to an unkown buyer.
COURTESY: FedEx occupied distribution facility has been sold to an unkown buyer.
  • Tampa Bay-Lakeland
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ST. PETERSBURG — A FedEx occupied distribution center in St. Petersburg has sold for $94.5 million to an undisclosed buyer.

The 236,976-square-foot facility at 1950 102nd Ave. was sold by Scannell Properties, according to a release from JLL Capital Markets, which represented Scannell.

 

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