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Core5 Acquires 173-Acres to develop a Class-A Business Park totaling over 2.5 MSF and with an anticipated capital investment in excess $125 Million in DeSoto County, Mississippi, a key submarket of the Greater Memphis Industrial Market

Construction Slated to Begin Immediately on the initial two buildings of the new business park, Desoto 55 Logistics Center, which will include a 583,000 SF cross-dock facility expandable up to 1.5MSF and a 301,000 SF rear-load building, both of which will deliver in Fall 2017. ATLANTA, March 22, 2017 – Atlanta-based Core5 Industrial Partners announced the acquisition of 173-acre fully of entitled land located at US Highway 51, in DeSoto County along the I-55/I-69 corridor to develop a 2.5 MSF business and logistics park named Desoto 55 Logistics Center. Core5 will immediately begin construction on 883,720 square feet of Class-A office/warehouse space in two buildings: a 582,400-square-foot facility which is expandable to 1.5 MSF and a 301,320-square-foot rear-load building, which will offer higher office build-out capability. Both buildings will offer speculative space for delivery in Fall 2017.  DeSoto 55 Logistics Center will provide an outstanding business environment in a park-like setting with close proximity to the I-55 transportation corridor and a deep and qualified labor pool from which to draw potential workforce.  Other key attributes of DeSoto 55 Logistics Center are the pro-business environment of both DeSoto County and the City of Horn Lake, MS coupled with the flexibility of building designs offering space for companies desiring 85,000 SF to over 1.5MSF.   At full build-out, anticipated by the end of 2019, DeSoto 55 Logistic Center will accommodate over 2.5 MSF in up to five separate buildings. (more…)
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Core5 Leases Shugart Farms Full Building to Duracell Corporation

873,800 SF Lease is Among Top Leases of 2016 in Atlanta Region ATLANTA, February 27, 2017 – Atlanta-based Core5 Industrial Partners announced today an 873,800 square-foot lease to Duracell Corporation in their Shugart Farms property – Core5 Logistics Center at Shugart Farms. Duracell is the number one battery brand in the world.  The Core5 facility will provide Duracell distribution services for all of North America. Sonoco, one of the largest global diversified packaging companies, will support Duracell’s new battery packaging operation and DHL will handle the logistics. (more…)
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South Florida Distribution Center

Core5 Industrial Partners and Helms Development Acquires 60-Acres in South Florida to Develop 750,000 SF of Class A Office/Warehouse Construction Slated to Begin in April on South Florida Distribution Center’s First Building, Spec Space Spanning 223,880 SF ATLANTA, January 30, 2017 – Atlanta-based Core5 Industrial Partners and Florida-based Helms Development today announced the acquisition of a 60-acre land parcel from the City of Pembroke Pines located at 20421 Sheridan Street, Pembroke Pines, Florida. The site is one of the last remaining in Southwest Broward to offer build-to-suit options for larger users and offers a distinctive advantage with trailer parking – an option no other property in land-constrained Broward County can offer. (more…)
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Core5 powers up with Duracell at Shugart Farms

A big-time battery-maker is putting a copper top on Shugart Farms, along with adding up to 800 new jobs to the Metro Atlanta economy. Duracell has inked a deal to lease all of Core5 Logistics Center at Shugart Farms, at 5000 Bohannon Road in Fairburn, from Core5 Industrial Partners. Core5 broke ground last year on the spec, 874k SF warehouse.
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Newly Formed Core5 Industrial Partners Announces Company Growth Plans

Core5 Logistics Center at Shugart Farms is First Development to Hit Market in Atlanta

ATLANTA, December 28, 2015 – Three of Atlanta’s veteran industrial real estate professionals, in conjunction with Kajima USA Group, announced the formation of Core5 Industrial Partners, a real estate property company focused on development and acquisition of Class A industrial properties. (more…)
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