Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Faropoint Ventures. Faropoint intends to reinvest proceeds from the sale to buy other Memphis properties.

2. Exeter Closes on Fifth Major Purchase in October - Saturday, November 4, 2017

Pennsylvania-based real estate investment management firm Exeter Property Group made its fifth significant local investment within a month with the $13.8 million purchase of a 400,000-square-foot industrial property in southeast Memphis.

3. Exeter Closes on Fifth Major Purchase in October - Wednesday, November 1, 2017

Pennsylvania-based real estate investment management firm Exeter Property Group made its fifth significant local investment within a month with the $13.8 million purchase of a 400,000-square-foot industrial property in southeast Memphis.

4. New Breed Expands Memphis Footprint - Friday, February 1, 2013

New Breed Logistics recently announced plans to expand its Memphis operations with an investment of $23 million that will create 468 warehouse and distribution jobs.

The privately held 3PL company helps businesses design and operate efficient supply chains. Its newest facility will consist of 404,000 square feet at 4585 Quality Drive, and the company will also significantly expand operations inside its facility at 4895 Citation Drive.

5. New Breed Logistics Expands in Memphis - Saturday, January 19, 2013

New Breed Logistics executives announced Wednesday, Jan. 16, they are expanding their Memphis operations in a move that will create nearly 500 warehouse and distribution jobs.

New Breed, based in High Point, N.C., is a third-party logistics provider. The privately held company is hired by companies to help them design and operate their supply chains. New Breed also manages warehouse space at more than 75 distribution centers that employ more than 7,500 people around the world.

6. New Breed Logistics Expands in Memphis - Thursday, January 17, 2013

New Breed Logistics executives announced Wednesday, Jan. 16, they are expanding their Memphis operations in a move that will create nearly 500 warehouse and distribution jobs.

New Breed, based in High Point, N.C., is a third-party logistics provider. The privately held company is hired by companies to help them design and operate their supply chains. New Breed also manages warehouse space at more than 75 distribution centers that employ more than 7,500 people around the world.

7. Archived Article - Tuesday, July 24, 2007

5015 Citation Drive
Memphis, TN 38118
Sale Amount: $19.3 million

Sale Date: June 27, 2007

Buyer: Distribution I TL Owner LLC

8. Foreign Group Buys PortfolioIncluding Three Memphis Sites - Thursday, July 19, 2007
     A group of foreign investors has bought three Memphis distribution sites as part of a $270 million, 22-building deal.
     The investors, working under the name Distribution I TL Owner LLC, b