Core5 operates in all major logistics markets throughout the U.S., as well as tertiary markets and regional hubs. The following is a partial list of markets and why we consider them key. To view all properties click here.

Markets
Atlanta
With the convergence of three major interstates – I-20, I-75 and I-85 – along with the busiest passenger airport in the world, Atlanta has long been positioned as the key logistics hub and economic engine of the Southeast. One of the fastest growing regions in the country and a population base in excess of 6.3 million, Metro Atlanta is the U.S.’s sixth largest MSA and the fifth largest industrial market with 878 million square feet. Desired by major logistic companies, big box development leads in Atlanta with tenants ranging from third-party logistics providers to consumer goods. The ability to reach Metro Atlanta’s population base within a short truck drive makes close-in submarkets essential to last-mile distribution. Core5 is actively developing on an inventory basis in this market and has land under control for development across the region.
Cincinnati / Northern Kentucky
With access to three major interstates as well as DHL, FedEx, USPS and future Amazon Prime Air distribution hubs, Cincinnati/Northern Kentucky is a key e-commerce hub of the Midwest. The region covers approximately 296 million square feet with a metropolitan area population of 2.1 million and benefits from being located within 500 miles of almost 60% of the U.S. population. Core5 is actively developing an inventory basis in this market.
Columbus
The Columbus Region is the fastest growing metropolitan area in the Midwest in terms of population and GDP growth. The market is within a one-day truck drive of 46% of the U.S. population and has a strong logistics infrastructure in place that includes convenient freeway access to I-70 and I-71, both Norfolk Southern and CSX intermodal years, and a cargo-dedicated airport (Rickenbacker International Airport). Several large retailers are headquartered in Columbus such as LBrands (Victoria’s Secret/Bath & Body Works) and Abercrombie & Fitch, and American Honda Motor Company has several major plants and suppliers nearby. Rent growth has been steady and rates are very affordable.
Dallas / Fort Worth
The Dallas/Fort Worth market is an ideal major distribution hub in the center of the country with rail connectivity to Chicago and Southern California. It benefits from a diverse economy and a population base of 7.5 million. The population influx, in addition to the area’s affordability, location, and strong labor force, consistently ranks the region among the fastest growing metros in the country year after year. The expansion of the Panama Canal, nearshoring of manufacturing in Mexico utilizing the I-35 corridor, along with DFW International Airport growth, continues to fuel demand for logistics properties within the market. To meet this high demand, the Dallas/Fort Worth metro, has become one of the most active in the country, delivering at a minimum, 20 million square feet annually in recent years.
Houston
Houston offers an impressive array of distribution channels and its central location makes it easy to reach both coasts within hours. As the largest container port on the Gulf Coast, the Port of Houston has been instrumental in the city’s development of international trade and carrier services on all major trade lanes link Houston to all international markets. Additionally, the shipping channel intersects a very busy barge traffic lane, the Gulf Intracoastal Waterway.
The region’s extensive highway system is well-integrated with the Houston Airport System, four deep-water seaports and the mainline railroads serving the city. Houston is at the crossroads of Interstate Highways 10, 45 and 69, with I-69 being known as the “NAFTA superhighway,” which links Canada, the U.S. industrial Midwest, Texas and Mexico.
Indianapolis
Indianapolis is located within a single day drive of over 80% of the U.S. population and home to the second largest FedEx air hub in the world, which makes this location an ideal logistics hub in the Midwest. Among major cities, Indianapolis boasts some of the most affordable real estate and cost of living in the U.S., making its labor pool highly competitive. The Indianapolis market has a significant concentration of 3PL providers with multi-operation (building) campuses, further making the area more attractive to end users. The state of Indiana is ranked third in total freight railroad miles and provides the only statewide port system with direct access to both U.S. coasts. Indiana also has the second lowest workers’ compensation rate, and is only one of two states with a AAA bond rating.
Inland Empire / Southern California
Encompassing nearly 670 million square feet of total industrial space, the Inland Empire submarket has the highest concentration of institutional quality, Class “A” distribution and warehouse space of any market in the nation, with significant representation from retail, logistics, automotive, consumer products and food and beverage manufacturing companies. The Inland Empire is strategically located with direct access to Southern California’s massive transportation network, with ease of access to six major freeways (I-215, I-10, I-15, CA 91, CA 60, and CA 210) leading to 11 western states. Proximity to the twin ports of Los Angeles and Long Beach (the nation’s busiest port complex) are of equal importance. Following the settlement of labor negotiations, the twin ports have been undergoing significant recovery in the past year. Loaded container imports have increased by 17.01% year over year compared to the first five months of 2023, and there are no indications of the strong flow of traffic slowing down. Further locational advantages, include close proximity to Ontario Airport, UPS and Fed Ex Ground Hubs and the BNSF Inter-modal Yard. Additionally, the Inland Empire offers direct access to the growing population of Southern California of over 25 million people and links to nearly 25% of the U.S. population within a one-day drive.
Louisville
Driven by its centralized location at the intersection of the Southeast, Midwest and Northeast United States, Louisville has become a preferred destination for manufacturing and logistics companies seeking to take advantage of a robust network of transportation infrastructure. The Louisville industrial market is largely driven by the presence of the UPS Worldport Hub along with Ford’s Kentucky Truck Plant (4.7 million square feet), Ford’s Louisville Assembly Plant (3.2 million square feet), and Haier’s Appliance Park (home of GE Appliances) which spans over 900 acres. From a development perspective, cost-effective industrial sites within the most mature infill submarkets have become increasingly scarce. As a result, new development continues to spread north into Southern Indiana, south into Bullitt County and east along I-64. As one of the most dynamic industrial markets in the region, Louisville’s fundamentals remain strong behind robust absorption and continued corporate announcements and is well-positioned to maintain its momentum.
Memphis
Home to FedEx and thus the beneficiary of e-commerce growth, Memphis has garnered much attention as a distribution leader in the U.S. The market is well situated to reach major population bases with ¾ of the U.S. population within a two-day drive and has emerged as a logistics leader with five Class I rail lines, North America’s busiest cargo airport, seven highways and a Mississippi River port. Memphis is one of only four U.S. cities with five Class I rail lines and is the third busiest trucking corridor in the US. Core5 has land under control in the region, with plans to begin inventory development in the near term.
Nashville
Nashville is home to more than 2 million people and more than 53,000 businesses — attracting more and more every day. Music City is known as the strongest concentration of the music industry in America, but it is also a hub for healthcare, manufacturing and technology. The Nashville region is defined by a diverse economy, low costs of living and doing business, an artistic culture and a well-educated population. It is one of only six U.S. cities with three major converging interstate highways and it is the largest metro area in a five-state region. Bordering eight states, more than half of the nation’s population resides within 650 miles of Nashville. These location advantages translate to one- and two-day truck delivery times to more than 75% of all U.S. markets. Consistently ranking in the top ten large metros for job and population growth, Nashville experiences low unemployment and a favorable business climate.
Pennsylvania
The Pennsylvania market remains a top five core industrial market in the United States due to the proximity to three of the largest MSA’s (metropolitan statistical areas) in the U.S. (New York City – 20 million, Washington DC – 6 million, Philadelphia – 6 million). The market boasts the reach of nearly 40% of the U.S. population within a one-day truck drive and benefits from multiple intermodal facilities (CSX and Norfolk Southern) as well as major mission critical facilities for parcel carriers including FedEx, UPS and USPS.
Phoenix
Over the past decade, the Phoenix metropolitan area has experienced a spike in population and rapid economic growth. With 7.4 million residents, Arizona continues to rank as one of the top inbound states in the nation due to the region’s lower cost of living, education system and friendly business environment.
The industrial market has evolved as a key link in supply chain system due to its strategic central location within the southwestern region and its proximity to the major coastal ports. This advantageous position has attracted an array of companies in the logistics, warehousing, and e-commerce sectors. The Phoenix metro area continues to show strength as a manufacturing hub, fueled by an educated workforce and near-shoring and re-shoring initiatives such as the CHIPS and Science Act. In recent years, industry leaders such as TSMC, Intel, LG Energy, Amkor Technology, KorePower, and ASM have relied on Phoenix’s skilled labor for their manufacturing needs. To support the industry leaders, there’s been a host of new material suppliers and vendors leasing buildings in the Phoenix region, further compounding market growth.
San Antonio
San Antonio has one of the most robust economies in the country. This is due to a diverse industry base including aerospace, financial services, government and military, health care and bioscience, hospitality and entertainment, information technology, manufacturing, and telecommunications. This is a city with steady growth and tremendous investment opportunities, both nationally and globally. A highly qualified, educated workforce and unmatched cultural mix also position San Antonio as a hotspot for international business.
San Antonio is expected to see an increase of 80,000 households by 2026. The figure is bolstered by the strong domestic migration the city is experiencing, adding nearly 22,000 new city residents in 2023 and expecting the trend to keep pace over the next few years. Almost 40% of migration into San Antonio comes from Austin, Houston, Dallas, and Corpus Christi.
As home to four major military installations (Randolph AFB, Lackland AFB, Fort Sam Houston, and Camp Bullis), San Antonio is undeniably abuzz with patriotic energy, drawing in not only active-duty military members, but also retirees, veterans, and civilian employees.