FDX · News · 20260805N

Acquisition / Partnership / Divestiture

FEDEX CORP · 2026-08-05 · Importance 34 · Surprise 42

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