The owner of a new logistics center near Interstate 55 in Horn Lake will immediately start planning and erecting the last three buildings, totaling another 1.5 million square feet, now that the first two warehouses have been either sold or filled.
It was just in October when Core5 Industrial Partners announced construction was completed for the first two buildings of its 175-acre DeSoto 55 Logistics Center.
On Wednesday, the Atlanta-based firm announced the 581,475-square-foot Building A had sold to an undisclosed Fortune 500 company, which will use it as a key facility in its distribution network.
(more…) Read More
Atlanta-based Core5 Industrial Partners announced the sale of a 581,475-square-foot building located in Desoto 55 Logistic Center, a 173-acre park situated at US Highway 51 in DeSoto County along the I-55/I-69 corridor in the greater Memphis industrial market. The initial cross-dock facility, located at 1241 Commerce Drive, Horn Lake, MS, and known as Building A, was sold to a Fortune 500 company to use as a key facility in their distribution network. Elliot Embry with NAI in conjunction with NAI Global Corporate Solutions represented the undisclosed buyer.
(more…) Read More« Previous1…1819202122…43Next »
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…) Read More« Previous1…101112131415Next »