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Closings Articles

B+E Brokers FedEx Freight Sale

B+E > B+E INSIGHTS > Closings > B+E Brokers FedEx Freight Sale
12/10/2024

B+E FedEx Freight Sale

The FedEx Freight sale in Cadillac, MI, exemplifies B+E’s expertise in net lease transactions. B+E, the first net lease brokerage firm with a proprietary technology platform, today announced the sale of the FedEx Freight property located at 1451 Hanthorn St., Cadillac, MI 49601 for $1,870,000. The 6,300 SF property was purchased by a 1031 buyer and was sold by a private investor. 

The B+E sales team consisted of Spencer Henderson, Scott Scurich, and Camille Renshaw. “This was an incredibly fast transaction in a challenging market,” said Henderson. “The buyer was able to complete a 1031 exchange on a tight time frame, and the seller capitalized on a 10-year lease extension from FedEx.” 

Read more about B+E’s 1031 Trade platform here. 

About B+E

Founded by Camille Renshaw and Scott Scurich, B+E is a modern investment brokerage firm, specializing in net lease real estate. The firm helps clients buy and sell single tenant real estate. Led by deeply experienced brokers, B+E redefines trading through an intuitive end-to-end transaction platform consisting of user-friendly dashboards and an AI-driven exchange — all leveraging the largest data set in the net lease industry. Complementing senior talent with exceptional technology, B+E’s proprietary process affords greater speed, unrivaled transaction efficiencies, and stronger asset value.  With offices in New York, Chicago, Atlanta, Tampa, Dallas, Orange County, and San Francisco, its brokers trade property for clients across the US. B+E allows virtually anyone to confidently trade net lease real estate.

Contact B+E for More Information

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