FedEx

FedEx portfolio

$21.4 million* – office 75%, industrial 24%; Brooklyn 75%, Queens 24%

1667th largest portfolio by dollar value

63,544 sqft – office 63%, industrial 36%;

2502th largest by SF

3 properties – Queens 66%, Brooklyn 33%

2293th largest

Company Activity past 24 months:

Buyer company: 1 for $248 million

Top Ten Associated Companies:

Bridge Industrial (1), DH Property Holdings (1), Carolyn M. Carrano (1)

Top Ten Associated People:

Nick Siegel (1), Fred J. Carillo (1), Carolyn M. Carrano (1)

Recent activity as company:

• Bridge Industrial and DH Property Holdings sold 75 20th Street, Greenwood Heights, Brooklyn for $248 million to FedEx on January 12, 2024.

• Carolyn M. Carrano sold 55-80 48th Street and 55-70 48th Street, Maspeth, Queens for $50 million to FedEx on April 27, 2022.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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