In April 2021, Arcapita acquired Cedardale Distribution Center, a Class A+ distribution facility in Dallas, Texas, leased to FedEx Ground. The property was constructed in 2018 and is an integral part of FedEx’s distribution network in the Southern United States. The acquisition is part of Arcapita’s broader United States industrial real estate strategy which targets single-tenanted assets leased on a long-term basis and multi-tenanted assets within the last mile and light industrial sectors.

Investment Type

Real Estate

Region

United States

Investment Date

April 2021