Tratt Properties purchases 198,774 square foot facility with Fed Ex Ground Package System, Inc.

Dec 3 | 2015

Tratt Properties purchases 198,774 square foot facility with Fed Ex Ground Package System, Inc.

Eagle Realty Group, LLC, an affiliate of Tratt Properties, LLC paid $26.5 million for the facility, which comprises 198,774 square feet FedEx Ground distribution center on 31 acres: FedEx Ground Roseville is a fully-automated distribution center located at 8501 Foothills Boulevard Roseville, California and is 100% leased to FedEx Ground Package System Inc. until 2028. Built in 2013, the FedEx Ground Roseville features 55 dock-high doors, 7 drive-in doors and a ceiling height of 30 feet. Of the18 FedEx Ground locations in Northern California only FedEx Ground Roseville and one other have a modern and fully computerized scan and sort operation. The property was developed and sold by Scannell Properties and marketed by the Palmer Capital Inc.

Tratt Properties, LLC, headquartered in Phoenix, Arizona is a dedicated and experienced real estate and financial team engaged in the acquisition and development of institutional grade logistics properties in key markets throughout the United States. A history of company developments can be found at www.trattproperties.com.