About the Investment

• Lease Guaranty from FedEx Corporation (NYSE: FDX) | This property is backed by a lease guaranty from FedEx Corporation (NYSE: FDX), a Fortune 50 company and the world’s largest express transportation provider. With an estimated net worth of $60 billion as of 2021, FedEx’s financial strength and global presence add exceptional security and credibility to this investment opportunity.
• Mission-Critical Location | This property offers a mission-critical location with direct access to the runway at Rochester International Airport (RST), serving as a vital hub for FedEx’s last-mile delivery operations in the Rochester market. FedEx Express aircraft can pull directly up to the distribution facility, enabling same-day deliveries for enhanced operational efficiency.
• Successful 20+ Year Operating History | The tenant has demonstrated strong commitment to the property by executing a 2–5-year lease extension well ahead of schedule. FedEx has successfully operated at this location since 1999, and the early extension reflects the tenant’s long-term confidence in the site’s strategic value.
• Expansion Capability | The property offers significant expansion capability, with the potential to add approximately 20,000 square feet to accommodate FedEx's future growth. This flexibility ensures the site can evolve with the company’s operational needs, providing a long-term solution for expanding logistics and distribution requirements.