FedEx acquired its long-standing warehouse in South San Francisco from Sagard Real Estate for $94 million. The property purchase was the largest industrial real-estate transaction in the region during the last quarter. The acquisition secures FedEx’s continued control of a facility it had previously occupied.
Key facts
The PGA Tour confirmed the FedEx St. Jude Championship will no longer be a premier "Championship Series" event after 2027, with the change effective starting in 2028. source
FedEx bought its longtime warehouse in South San Francisco for $94 million from Sagard Real Estate. source