Bravera Bank Supplies $25M Acquisition Loan on North Dakota FedEx Distribution Center Buy
Baybridge Real Estate Capital’s Jay Miller, AJ Felberbaum and Spencer Miller arranged the transaction.
Located at 1605 Northern Plains Drive, the 2022-completed property features 217,323 square feet of Class-A industrial distribution space. The acquisition aligns with FedEx’s “Network 2.0” initiative announced in April to consolidate facility footprints in rural markets, according to BayBridge.
Officials at Bravera Bank and The Wideman Company did not immediately respond to requests for comment.
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