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Core5 Signs Supply Chain User to 1.2 MSF Industrial Lease in Southwest Atlanta

ATLANTA — Atlanta-based Core5 Industrial Partners has signed Saddle Creek Logistics Services to a 1.2 million-square-foot lease at Southwest 85 Logistics Center, an industrial building under construction in southwest Atlanta. Saddle Creek, a provider of supply chain solutions for retailers, manufacturers and e-commerce companies, will use the new space to provide distribution services on behalf of a home improvement retailer for its Southeast locations. Core5 expects to wrap up construction on the facility this summer. (more…)
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Core5 Industrial Partners Leases 1.2 MSF to Saddle Creek Logistics Services for Largest Lease to Date in Atlanta Region

Atlanta-based Core5 Industrial Partners announced today a full-building lease in their Southwest 85 Logistics Center location to Saddle Creek Logistics Services, a provider of supply chain solutions for retailers, manufacturers, and ecommerce companies. Saddle Creek will provide distribution services on behalf of a leading home improvement retailer for their locations across the Southeast. The 1,208,301 million-square-foot building will deliver this summer. Southwest 85 is located on a 109-acre site at Exit 51 in the I-85/Southwest Atlanta submarket. (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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