VOL. 116 | NO. 213 | Friday, November 1, 2002
Agriliance relocating to Tournament Trails
Agriliance relocates to Tournament Trails
By SUE PEASE
The Daily News
Agriliance, an agronomy marketing joint venture, is moving
its East Memphis office farther east to the Tournament Trails office park,
according to company officials and real estate agents involved with the deal.
Were very excited to be moving our offices to Tournament
Trails. It provides exactly the kind of space efficiency and amenities we were
seeking. And, well be located in an area that is attractive to both employees
and visiting customers, said Jim Blome, Agriliance South vice president.
Agriliance is a joint venture of three companies Land
OLakes Inc., CHS Cooperatives and Farmland Industries Inc., said Annette
Degnan, Agriliance director of communications.
In June 1997, one arm of the venture purchased Memphis-based
Terra Distribution, 6555 Quince Road.
After the purchase, the company operated under the name
Agrodistribution. In 2000, it adopted the name Agriliance.
The business is a distributor of agricultural inputs, which
include fertilizers and other crop-related products. Agriliance supplies crop
nutrients, crop protection products, seed and related technical services,
Degnan said.
The company, which has both wholesale and retail outlets,
has about 140 retail locations in the Southeast that sell products to farmers,
Degnan said.
The wholesale business sells to dealerships and
cooperatives.
ProSource One, a division of the companys operations in the
South, services the golf course, turf and ornamental and vegetation management
industries, Degnan said.
Agriliance, headquartered in St. Paul, Minn., has 40
employees in Memphis and 2,500 company-wide.
Agriliance South will occupy 16,505 square feet at the
Tournament Trails office park, which was developed by The Weston Cos. and is
owned by Kemmons Wilson Cos.
The relocation will be complete in January.
The company will move into Building I of the office park,
which is now more than 80 percent leased, said Laura Strand, leasing agent for
Weston.
Building II is in its final design phase and is expected to
be complete in 2004.
The 38-acre development in the Nonconnah Parkway corridor
will eventually include four buildings, with Buildings I and III each
comprising three stories and 73,000 square feet.
Buildings II and IV each will have 125,000 square feet and
five stories.
Lease rates are $19.25 per square foot, Strand said.
Other tenants include Software Earnings and Kemmons Wilson
Cos., which will move its headquarters to Building I in January.