Atlanta-based Core5 Industrial Partners have announced the sale of a 581,475-square-foot building located in DeSoto 55 Logistic Center, a 173-acre park situated on U.S. Highway 51 in DeSoto County.
The initial cross-dock facility, located at 1241 Commerce Drive in Horn Lake and known as Building A, was sold to a Fortune 500 company to use as a key facility in their distribution network.
Elliot Embry with NAI in conjunction with NAI Global Corporate Solutions represented the undisclosed buyer.
(more…) Read More
Core5 Industrial Partners has sold a 581,475-square-foot industrial property situated within the Desoto 55 Logistics Center, a 173-acre park in Horn Lake, Miss., to a Fortune 500 company. NAI Saig Co. Vice President Elliot Embry represented the buyer in the deal.
Located at 1241 Commerce Drive, the property referred to as Building A is a cross-dock facility and will be utilized by the new owner for its distribution network. The location offers access to the interstate system, a targeted labor pool, the pro-business environment of both DeSoto County and Horn Lake as well as the state of Mississippi. It’s also less than 10 miles from Memphis International Airport.
(more…) Read More« Previous12345…28Next »
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…) Read More« Previous12345…15Next »