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Monmouth Acquires FedEx BTS in Concord for $32 Million

SunCap Sells 330,000-SF Facility Net-Leased to FedEx Ground Package System on 10-Year Deal
By Marc Bibanga
November 18, 2015 | 7:15 P.M.

SunCap Property Group, a Charlotte-based national commercial real estate development, investment and advisory firm that specializes in single-tenant, net lease build-to-suit facilities, last week sold one of its recently completed projects in Concord, NC to Monmouth Real Estate Investment Corp. (NYSE: MNR) for nearly $32 million, or approximately $97 per square-foot

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