FedEx Ground
Baskersfield, CA
FedEx Ground is a package shipping company that is a subsidiary of the FedEx Corporation. It is headquartered in Moon Township, Pennsylvania, a suburb of Pittsburgh. Originally conceived as a lower cost competitor to UPS, Roadway Package System (RPS) was created to take advantage of new barcode, material handling and computer technologies.
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Tenant Overview
FedEx Ground Locations are higher in price points, but offer forvorable returns in spite of the company’s credit rating. Given the size of the typical FedEx Ground spaces, as well as their general pysiical locations, more attention must be given to market rental rates, as well as demand in the event of having to retenant.
Positives:
- Public Company, Credit Rated
- Less prone to economic pressures
- High Barrier to entry within its industry
Negatives:
- Not located in high retail corridors
- Large spaces make it more challenging to re-tenant
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FedEx Ground Similar Tenants
FedEx Ground Company Profile
Headquarters Information
Moon Township, Pennsylvania
Founded in 1998
Company type: Public
Stock Ticker: FDX
Parent Company: FedEx Corporation
Sector: Services
Industry: Transportation
# of Employees: 65,000
FedEx Ground Stock Keys
Title | 2017 | 2016 |
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