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IN THE NEWS

Whiplash Leases Entire Building at Core5’s I-70 Logistics Center

Cushman & Wakefield Represents Core5 in 437,589-Square-Foot Industrial Lease COLUMBUS, December 17, 2021 – Cushman & Wakefield announced today that the firm Core5 Industrial Partners is leasing 437,589 square feet of industrial space to logistics firm, Whiplash. Cushman & Wakefield Director Michael Guagenti, SIOR, CCIM, represented Atlanta-based Core5 in the lease transaction with Whiplash, a national third-party logistics firm. Core5 delivered I-70 Logistics Center East, a state-of-art industrial building located at 1225 Southgate Parkway in Etna, Ohio in August of this year. Whiplash will begin operations at the property in early 2022. “We are looking forward to welcoming Whiplash to Etna Township,” states Doug Armbruster, Senior Vice President and Manager Director with Core5. “With our location and access to a qualified workforce, I-70 Logistics Center East will be an ideal fit for their operations.” (more…)
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Phase II of Core5 Industrial Project Set to Break Ground Q3 of this Year

CBRE Set to Market and Lease Phase II Buildings Following Successful Leasing of Initial Phase I Building Cincinnati – September 2, 2021 – Core5 Industrial Partners announced today that Phase II of the Core5 Industrial Partners speculative multi-building industrial project is scheduled to break ground in the third quarter of this year in Elsmere, Kentucky. Phase II will feature two buildings totaling 869,308-square-feet. Building 2 offers 585,064-square-feet of cross-dock capability for larger tenants while Building 3 will offer 284,244-square-feet of single-loaded space, creating leasing opportunities for smaller end-users. Phase II follows the successful leasing of the Phase I -- 839,931-square-foot C5 Airport East Logistics Center Building 1 to Diversey, Inc. at 7900 Foundation Drive. This building is scheduled to be completed in Q1 2022. (more…)
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PRESS RELEASES

Core5 Industrial Partners Sells 581,475 SF Logistics Center in Metro Memphis

HORN LAKE, MISS. — Core5 Industrial Partners has sold the 581,474-square-foot Building A within Desoto 55 Logistics Center in Horn Lake. The business park sits on 173 acres about 18 miles south of Memphis. An undisclosed Fortune 500 company acquired the asset. The sales price was not disclosed. In addition, Core5 announced that Building B, a 300,145-square-foot facility, has been fully leased to DSV Solutions LLC and EPE Industries USA, which are both set to occupy the space this quarter. Three other buildings are planned within Desoto 55. At full build-out, the business park will span more than 2.5 million square feet. All three buildings are expected to be delivered by the end of this year. (more…)
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