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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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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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