29 Jan Construction Underway on 350,000-Square-Feet Logistics Facility at Southaven’s Stateline Business Park
Construction Underway on 350,000-Square-Feet Logistics Facility at Southaven’s Stateline Business Park
Work on Building G is Expected to be Complete in June 2019
ATLANTA (January 29, 2019) – IDI Logistics, a leading investor and developer of logistics properties, announced today construction has begun on a new building in Stateline Business Park, a 4-million-square-foot industrial park developed by IDI Logistics starting in 2005. The park is two miles from I-55 and the FedEx Air Cargo Superhub. Building G will be the 10th and final new facility in the park.
Located at 1280 Stateline Road East, Southaven, Ms., Building G is a 352,800-square-feet cross-dock facility that will feature a DuctilcreteTM slab, 36-foot clear height, 82 dock doors, two drive-in doors, a 185-foot truck court and 65 trailer parking spaces.
“We’re excited to add the final building to Stateline Business Park,” said Tim Moore, SVP and Central Regional Director for IDI Logistics. “For more than a decade, the park has been a great benefit to the local economy. We’re looking forward to continuing to fuel growth by offering prime facilities in close proximity to the quality labor pools in Mississippi and Tennessee.”
Corporate neighbors in the park include PFSweb, Zimmer Medical, Excel Logistics, Alan Ritchey and Performance Food Group.
Construction on Building G is slated to be complete by June 2019. Patrick Burke and Jacque Beeson of CBRE will represent the new facility.
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IDI Logistics is a leading developer and manager of logistics real estate in the U.S. The fully-integrated logistics platform has a long track record of speculative development, build-to-suits and value-add acquisitions. In its 30-year history, IDI Logistics has developed more than 100 world-class business parks and 750 warehouses totaling over 200 million sf throughout North America.
For more information, please visit our website at www.idilogistics.com