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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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PRESS RELEASES

Core5 Industrial Partners Announces Sale of 581,475 SF Desoto 55 Logistics Center Building A and Lease of 300,145 SF Building B in Greater Memphis Industrial Market

Construction Slated to Begin Q2 2109 on Three Additional Buildings Totaling 1.5 MSF in Business Park ATLANTA, February 20, 2019 – Atlanta-based Core5 Industrial Partners announced today the sale of a 581,475-square-foot building located in Desoto 55 Logistic Center, a 173-acre park situated at US Highway 51 in DeSoto County along the I-55/I-69 corridor in the greater Memphis industrial market. The initial cross-dock facility, located at 1241 Commerce Drive, Horn Lake, MS, 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. The second existing building in the park, Building B, is a 300,145-square-foot rear-load building that has been fully leased to DSV Solutions, LLC and EPE Industries USA which will both occupy in first quarter 2019.  DSV Solutions was represented in-house and EPE Industries was represented by Jacque Beeson of CBRE. (more…)
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