Inland Diversified Real Estate Trust Inc. purchased FedEx’s shipping hub in Houston from Mobile, AL-based developer Saad Realty Group LLC for $39.3 million or $153 per square foot. The acquisition includes two industrial buildings totaling 256,815 square feet on 66.3 acres next to William P. Hobby Airport.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
6905 Orem Dr, Houston, TX