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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 Completes the first phase of DeSoto 55 Logistics Center and signs its first lease with DSV Solutions in greater Memphis market

ATLANTA, October 15, 2018 – 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.  The initial phase of the development was completed in October 2018 and included Building A1, a 581,475 SF cross-dock facility, which is expandable to over 1 million square feet and Building B, which is a 300,145 SF rear-load building.  In addition to the completion of the first two buildings, Core5 also signed a pre-lease of 200,000 SF in Building B to DSV Solutions.

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