To receive the Offering Memorandum. please email Matt Kingsley - matthew.kingsley@cushwake.com. Cushman & Wakefield is pleased to offer for sale a new ±250,955 sq. ft. distribution building on a 64.41-acre site in Hermitage, Pennsylvania. The property will have extensive parking for employee cars and trailers. The Property was initially leased to FedEx Ground. Effective June 1, 2024, FedEx Corporation merged its FedEx Ground subsidiary into its FedEx Express subsidiary as part of an initiative to reduce FedEx Corp's operating expenses by consolidating subsidiary staff. In addition, FedEx Ground’s small package delivery infrastructure will be used to deliver a high percentage of FedEx Express’ packages. Hermitage is centrally located in the FedEx Ground service area. Hermitage is situated in West Pennsylvania, 78 miles southeast of Cleveland and 70 miles northwest of Pittsburgh. The city is located in Mercer County, Pennsylvania, which is part of the Youngstown-Warren-Boardman MSA, which includes Mercer County, Trumbull and Mahoning Counties in Eastern Ohio. The MSA’s population is approximately 530,000. In association with a Cushman & Wakefield Pennsylvania Licensee.