NEWS

NEWS

IN THE NEWS

Core5 Sells 279,356-SF Building Located in McKinney, TX to United Pacific Industries

Core5 Industrial Partners recently concluded the successful sale of a state-of-the-art class A industrial facility located in McKinney, Texas. The buyer, United Pacific Industries based in California, has acquired the facility which further expands their presence in the Texas region. This transaction showcases Core5's commitment to delivering high-quality industrial spaces to meet the evolving needs of industry leaders like United Pacific Industries.
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Core5 Leases 957,400-SF Building to Barrett Distribution Centers

ATLANTA, April 6, 2023 – Atlanta-based Core5 Industrial Partners announced today a full-building lease at I-269 Logistics Center Building D located in Byhalia, Mississippi to Barrett Distribution Centers, a provider of customized third-party logistics, omnichannel distribution, transportation, and direct-to-consumer eCommerce fulfillment services for clients across all industries, such as apparel and footwear, health and beauty, consumer packaged goods, consumer electronics, food, candy, grocery, and automotive. The 957,400-square-foot cross-dock building was delivered in November 2022 and Barrett Distribution is scheduled to occupy the building in April 2023. I-269 Logistics Center Building D is located on a 70-acre site located at Highway 302 and I-269 in Marshall County. (more…)


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PRESS RELEASES

Core5 Acquires 173-Acres to develop a Class-A Business Park totaling over 2.5 MSF and with an anticipated capital investment in excess $125 Million in DeSoto County, Mississippi, a key submarket of the Greater Memphis Industrial Market

Construction Slated to Begin Immediately on the initial two buildings of the new business park, Desoto 55 Logistics Center, which will include a 583,000 SF cross-dock facility expandable up to 1.5MSF and a 301,000 SF rear-load building, both of which will deliver in Fall 2017. ATLANTA, March 22, 2017 – Atlanta-based Core5 Industrial Partners announced the acquisition of 173-acre fully of entitled land located at US Highway 51, in DeSoto County along the I-55/I-69 corridor to develop a 2.5 MSF business and logistics park named Desoto 55 Logistics Center. Core5 will immediately begin construction on 883,720 square feet of Class-A office/warehouse space in two buildings: a 582,400-square-foot facility which is expandable to 1.5 MSF and a 301,320-square-foot rear-load building, which will offer higher office build-out capability. Both buildings will offer speculative space for delivery in Fall 2017.  DeSoto 55 Logistics Center will provide an outstanding business environment in a park-like setting with close proximity to the I-55 transportation corridor and a deep and qualified labor pool from which to draw potential workforce.  Other key attributes of DeSoto 55 Logistics Center are the pro-business environment of both DeSoto County and the City of Horn Lake, MS coupled with the flexibility of building designs offering space for companies desiring 85,000 SF to over 1.5MSF.   At full build-out, anticipated by the end of 2019, DeSoto 55 Logistic Center will accommodate over 2.5 MSF in up to five separate buildings. (more…)
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