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Core5 Industrial Partners Announces Sale of Desoto 55 Building A and Development of Additional 1.5 MSF

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…)
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PRESS RELEASES

Core5 Industrial Partners Leases 416,891 Square Feet to VMInnovations in Core5 Logistics Center at Wintergreen in South Dallas Market

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. (more…)
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