» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 7 | NO. 29 | Saturday, July 12, 2014

Asics America Expanding in Byhalia

By Amos Maki

Print | Front Page | Email this story | Email reporter | Comments ()

Asics America Corp. is expanding its footprint in Byhalia, Miss.

The company is adding 342,144 square feet to its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park.

The expansion comes on the heels of a 513,000-square-foot build-to-suit completed in 2010, and now will consolidate the footwear distribution center with the apparel distribution center, which was previously located in Southaven.

Asics, represented by CB Richard Ellis Memphis in the expansion, hopes to improve its overall efficiency by combining the two components under one roof, which will total 855,144 square feet.

The distribution center is owned and managed by Lexington Realty Trust.

Northwest Mississippi has become the favored destination locally for industrial developers and their tenants.

In 1993, the Marshall County Industrial Development Authority authorized the creation of the Chickasaw Trail Industrial Park area, where multiple landowners joined together to create 3,600 acres of developable industrial property nestled in a triangle of major roadways.

Exel was the first company to locate a major facility in Chickasaw Trail, selecting the industrial area in 2005 for a 750,000-square-foot distribution center. In May, Roxul Inc., a Danish maker of stone or rock wool insulation, broke ground on a $160 million, 600,000-square-foot production facility.

The Volvo Group announced in May that it is building a new distribution center in Byhalia. The 1 million-square-foot distribution center that will employ 250 people will be located inside Panattoni Development Co.’s Gateway Global Logistics Center, a 1,500-acre industrial development that straddles Fayette County, Tenn., and Marshall County, Miss.

Jim Mercer, executive vice president at CBRE Memphis, handled leasing for Panattoni. Patrick Burke and Bobby Daush of CBRE Memphis, and Sean Bleiler of CBRE in Allentown, Penn., represented Volvo.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 15 91 4,519
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.