The first two buildings in the new DeSoto 55 Logistics Center have been completed and the first tenant has leased 200,000 square feet, developer Core5 Industrial Partners announced Monday.
DSV Solutions, a freight forwarder, is to start operations at the site in January.
DSV will use the 200,000 square feet for an existing client’s distribution facility serving the Southeast.
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873,800 SF Core5 Logistics Center at Shugart Farms Purchased by Private Investor
ATLANTA, June 19, 2017 – Atlanta-based Core5 Industrial Partners announced today the recent sale of their initial development in Metro Atlanta, 873,800-square-foot Core5 Logistics Center at Shugart Farms, to a private institutional investor. The high cube logistic facility completed construction in early 2017 and is fully leased on a long-term basis to The Duracell Company, a wholly-owned subsidiary of Berkshire Hathaway.
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