Spanish billionaire buys FedEx property in Menomonee Falls for $35 million

Miami-based Ponte Gadea purchased the property at N96 W14849 County Line Road late last month from a limited liability company affiliated with San Diego-based Realty Income Corp. (Photo courtesy of Google Street View)

A Spanish billionaire has paid $35 million for a 30.5-acre property in Menomonee Falls that is home to a sprawling FedEx Ground operation, according to real estate transfer records posted by the state this week. Led by Amancio Ortega, Miami-based Ponte Gadea purchased the property at N96 W14849 County Line Road late last month from

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Cara covers nonprofits, healthcare and education for BizTimes. Cara lives in Waukesha with her husband, a teenager, a toddler, a dog named Neutron, a bird named Potter, and a lizard named Peyoye. She loves music, food, and comedy, but not necessarily in that order.

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