FEDEX FREIGHT LOOKS TO NEW SPACE IN NEW ORLEANS BUSINESS PARK

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NEW ORLEANS — FedEx Freight has purchased two parcels of land totaling 20 acres in James Business Park from Sealy FRLA Land and JII LLC for an undisclosed amount. The land, located on Airline Highway in New Orleans, will be the future site of a cross-dock facility, housing regional operations for FedEx Freight. Dallas-based McMahon Development Group will break ground on the project immediately. JII has also sold 3.48 acres in the park to Inspectorate America Corp. The company is set to break ground on a new laboratory next year. James Business Park, which is owned by both Sealy and JII, spans 200 acres and is home to more than 100 companies.

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