5050 E. Holmes Road
Memphis, TN 38118

Project Cost: $720,000

Application Date: Dec. 20, 2017

2. Technicolor, Agilent Approved for Tax Incentives - Friday, December 22, 2017

The Economic Development Growth Engine for Memphis and Shelby County approved a pair of tax abatements Wednesday, Dec. 20, that have the potential to affect more than 1,000 jobs in the county.

The payment-in-lieu-of-taxes agreement for California-based life sciences, diagnostics and applied chemical company Agilent Technologies would create 117 new jobs, while one for a division of multimedia production and distribution giant Technicolor would retain anywhere from 158 to 916 jobs.

3. The Week Ahead: December 18-24 - Monday, December 18, 2017

Good morning, Memphis! Winter officially begins this week, and Santa’s making one last pass on his naughty-or-nice list (though we know you’ve all been good this year). Check out a couple of ways you can give back – plus more fun happenings you need to know about – in The Week Ahead...

4. Agilent Expanding Distribution in Memphis, Creating More Than 100 Jobs - Monday, December 18, 2017

Agilent Technologies Inc., a life sciences, diagnostics and applied chemicals company, has announced it will be expanding its operations in Memphis, which will result in 117 new jobs.

5. California Chemical Company to Expand in Memphis, Create 100 Jobs - Friday, December 15, 2017

Agilent Technologies, a life sciences, diagnostics and applied chemicals company, has announced it will be expanding its operations in Memphis, which will result in 100 new jobs.

Headquartered in Santa Clara, California, Agilent’s expansion will make the Memphis logistics facility the company’s primary American distribution center.

6. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility - Tuesday, June 16, 2015

5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million

7. Hillwood Pays $17.7M for FedEx SupplyChain Facility - Saturday, June 13, 2015

Hillwood Investment Properties, a Dallas-based commercial real estate investment company based, has purchased the Summit Distribution Center Building II, according to a special warranty deed filed June 4.

8. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility - Tuesday, June 9, 2015

Hillwood Investment Properties, a Dallas-based commercial real estate investment company based, has purchased the Summit Distribution Center Building II, according to a special warranty deed filed June 4.

9. FedEx Supply Chain Expansion Wins Tax Freeze - Thursday, November 27, 2014

FedEx Supply Chain Services appears poised to move ahead with an expansion in Memphis.

The third-party logistics arm of FedEx, recently won a five-year tax freeze for a $6.8 million expansion to its 454,713-square-foot warehouse at 5050 E. Holmes Road.

10. Incentive Applications Lag Previous Years - Wednesday, October 22, 2014

Until a spate of activity this month, Memphis and Shelby County were on pace to tie a record-low for the number of payment-in-lieu-of-taxes agreements granted to companies in a year.

Through September, the city-county Economic Development Growth Engine, the primary business incentive body in Memphis and Shelby County, had awarded just four PILOTs, tied with 2006 for the lowest amount of PILOTs issued in a year since 2002.

11. EDGE Approves Trio of PILOT Tax Breaks - Saturday, October 18, 2014

Three companies – including a wing of Memphis-based FedEx – received tax breaks for projects in Memphis that total more than $25 million in capital investment and will create 272 new jobs.

12. EDGE Approves Trio Of PILOT Tax Breaks - Friday, October 17, 2014

Three companies – including a wing of Memphis-based FedEx – received tax breaks for projects in Memphis that total more than $25 million in capital investment and will create 272 new jobs.

13. Three Companies Seek PILOTs for Projects - Tuesday, October 14, 2014

Three companies – including a wing of Memphis-based FedEx – are considering investing more than $25 million in Memphis for new distribution operations that would create 272 new jobs.

“It's always good to see FedEx expanding and the other two projects appear to be new to Memphis,” said Kemp Conrad, principal of Cushman & Wakefield/Commercial Advisors. “This balanced growth is encouraging and we expect more good news later in the fourth quarter."

14. Three Companies Seek PILOTs for Distribution Projects - Saturday, October 11, 2014

Three companies are exploring Memphis for new distribution operations that would create 272 new jobs.

The third-party logistics arm of FedEx is considering an expansion in Memphis.

FedEx Supply Chain Systems Inc. is seeking a payment-in-lieu-of-taxes freeze to grow its local operations by investing $6.8 million in a 454,713-square-foot warehouse at 5050 E. Holmes Road and creating 87 new jobs.

15. Three Companies Seek PILOTs to Create 272 Jobs - Saturday, October 11, 2014

Three companies are exploring Memphis for new distribution operations that would create 272 new jobs.

The third-party logistics arm of FedEx is considering an expansion in Memphis.

FedEx Supply Chain Systems Inc. is seeking a payment-in-lieu-of-taxes freeze to grow its local operations by investing $6.8 million in a 454,713-square-foot warehouse at 5050 E. Holmes Road and creating 87 new jobs.