News: Spotlights
Posted: November 19, 2007
Jones Lang LaSalle executes $52.3m sale of Federal Express portfolio
Jones Lang LaSalle has negotiated the sale of the Federal Express portfolio from individual entities of Berkshire Acquistion LLC to individual entities of Federal Acquisition LLC. Jones Lang LaSalle managing directors James Koury and Scott Jamieson, represented the seller and procured the buyer.
The Federal Express portfolio consists of seven free standing Federal Express ground distribution facilities ranging from Massachusetts to Indiana. Most of facilities are new construction. The initial closing took place on January 17, 2007 and the final one occurred on August 21, 2007. The entire portfolio sold for $52.3 million.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI
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The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein
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