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Editorial Results (free)

1. Industrial Market Off To Good Start in 2018 -

The Memphis area industrial market is off to a good start in 2018 with a steady stream of tenant demand looking to fill the more than 5 million square feet of construction underway.

During the first quarter of 2018, the Memphis industrial sector experienced 632,366 square feet of direct net absorption, and the weighted average for asking rental rates rose 3.66 percent to $2.83 per square foot, according to real estate brokerage firm Avison Young’s quarterly Industrial Market Report.

2. Dot-Com Moves Distribution To Memphis -

Wilsonville, Ore.-based LinenTablecloth.com has entered the Memphis industrial market, leasing 82,500 square feet at 3046 Datsun Drive for its new distribution center.