Tuesday, October 11, 2005

Kuehne & Nagel Signs 866,064 SF Distribution Center Build-to-Suit

CoStar Group - October 10, 2005

Kuehne & Nagel, a worldwide logistics provider, recently signed a lease deal for an 866,064-square-foot, build-to-suit industrial building in the DeSoto Trade Center. The logistics firm will be expanding and relocating from its current location at 6005 Freeport in Memphis, where it occupies 550,000 square feet.

Dallas-based Hillwood Development Corp. will be overseeing the development in the Desoto Trade Center, a 688-Acre industrial park located in Southaven, MS that recently received foreign trade zone status. Construction is expected to begin in December of 2005 and is scheduled for completion in the second quarter of 2006. Sphere: Related Content

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