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Private Investor Picks Up FedEx Freight Facility in Schertz, Texas, for $25.7 Million

'Industrial Sector Is Uniquely Suited to Serve Today's Rapidly Changing Environment,' Broker Says
FedEx's facility in Schertz, Texas, was originally built in 1995 and was expanded in 2013. (CoStar)
FedEx's facility in Schertz, Texas, was originally built in 1995 and was expanded in 2013. (CoStar)
By Michael Clemen
CoStar Research
April 20, 2020 | 4:30 P.M.

Private investor S&B Detrick LP has purchased a FedEx Freight facility in Schertz, Texas, for $25.7 million, as logistics and distribution properties continue to be favorable among investors amid the coronavirus pandemic.

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