A new-to-Cincinnati developer and owner of industrial properties has started construction on its first speculative project in the region. Core5 Industrial Partners has started work on 75/71 Logistics Center at Walton, a more than 630,000-square-foot industrial building at 950 Wenstrup Lane. The building will boast nearly 14.5 acres under roof.
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Core5 Industrial Partners inked a full-building, 1.2-million-square-foot lease with Lakeland, Fla.-based Saddle Creek Logistics Services, which was the metro area’s largest industrial lease deal of 2018.
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Core5 Industrial Partners Leases 416,891 Square Feet to VMInnovations in Core5 Logistics Center at Wintergreen in South Dallas Market
June 18, 2018 – Core5 Industrial Partners announced today a 416,891-square-foot lease in their Core5 Logistics Center at Wintergreen location in South Dallas to VMInnovations, an online retailer that sells a variety of brand-name products in categories including baby and kids, home and garden, sports and outdoors, and electronics. The company’s new South Dallas location will provide order fulfillment to locations across the South.
Core5 Logistics Center at Wintergreen is located on a 43-acre site in Hutchins, Texas ½ mile from the intersection of Wintergreen Road and I-45. The 754,897-square-foot building has 337,406 square feet remaining available for lease. The VMInnovations lease is the first Core5 lease in the Dallas market.
“With immediate gateway access to north and south bound travel, the site has excellent access to the DFW metro’s major thoroughfares I-45, I-20 and I-35E which are used for both local and regional distribution,” states John Leinbaugh, Vice President Investments for Core5.
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