Media Releases Category: In The News
HORN LAKE, MISS. — Atlanta-based Core5 Industrial Partners has completed its first two inventory buildings at DeSoto 55 Logistics Center, a business park in Horn Lake, a Mississippi town within the greater Memphis market. Situated along the Interstate 55 corridor, the 175-acre business park will feature more than 2.5 million square feet of Class A space once fully developed.
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Atlanta-based Core5 Industrial Partners announced the completion of its first two inventory buildings in their first development in the greater Memphis Market, DeSoto 55 Logistics Center.
DeSoto 55 Logistics Center is a 175-acre Class-A business park, located in Horn Lake and is less than 10 miles to Memphis International Airport. It will encompass over 2.5 million square feet once fully developed.
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Atlanta-based Core5 Industrial Partners announced today the completion of two inventory buildings in their first development in the greater Memphis Market, DeSoto 55 Logistics Center. DeSoto 55 Logistics Center is a 175-acre Class-A business park, located in Horn Lake, MS along the I-55 Corridor less than 10 miles to Memphis International Airport, and will encompass over 2.5 million square feet once fully developed.
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Atlanta is the logistics hub and economic engine of the Southeast, which is the fastest growing region in the country. Its 700 million square feet of industrial space makes it the fifth largest logistics market in the United States.
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Core5 Industrial Partners has arranged a new lease at its Core5 Logistics Center at Wintergreen location in South Dallas. VMInnovations, an online retailer that sells a variety of brand-name products, agreed to occupy 416,891 square feet to serve as the company’s order fulfillment location. The tenant is scheduled to move into the space in August.
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VMInnovations, an online retailer that sells goods through Amazon.com and EBay, has signed a big lease in southern Dallas County for its new southern U.S. regional distribution center.
The Nebraska-based company, which sells everything from baby gear to home and garden items to electronics, signed a lease for 416,891 square feet of industrial space at Core5 Logistics Center, a brand new, 754,897-square-foot facility located at 1200 W. Wintergreen Road in Hutchins, TX. (more…)
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HUTCHINS, TEXAS — VMInnovations, an online retailer of brand-name sports products, electronics and home goods, has signed an industrial lease in Hutchins, a southern suburb of Dallas. The company will occupy 416,891 square feet at Core5 Logistics Center at Wintergreen, a 43-acre development. Mark Collins and Adam Campbell of Cushman & Wakefield represented VMInnovations in the lease negotiations. Matt Elliot of NAI Robert Lynn represented the landlord, Atlanta-based Core5 Industrial Partners.
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Warehouse ceilings may be reaching farther into the sky, but it is not necessarily because tenants are demanding it.
“We are building 40-foot clear [ceiling heights]. We have not had a tenant to date utilize that,” Core5 Industrial Partners Managing Director Lisa Ward said.
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