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Griffin Capital Essential Asset REIT Sells FedEx Freight Facility for $30.3 Million

Louisiana Investor Buys Truck Terminal in West Jefferson, Ohio
The 160,410-square-foot truck terminal at 10 Commerce Parkway in West Jefferson, Ohio, is occupied by FedEx Freight. (CoStar)
The 160,410-square-foot truck terminal at 10 Commerce Parkway in West Jefferson, Ohio, is occupied by FedEx Freight. (CoStar)
By Temitope O. Berry
CoStar Research
October 24, 2019 | 5:51 P.M.

Griffin Capital Essential Asset REIT has sold a West Jefferson, Ohio, truck terminal occupied by FedEx Freight to Shreveport, Louisiana-based Sealy & Co. for $30.3 million, or about $189 per square foot.

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