CBRE Global Investors has secured a 161,000-square-foot lease at Memphis Global Crossing, a 421,470-square-foot logistics facility in Memphis.
The tenant is Ubiquiti, a New York-based firm that develops high-performance networking technology for service providers, enterprises and consumers. Memphis Global Crossing is located off Route 78, a major east/west thoroughfare in Memphis connecting the property to the FedEx World Hub at the Memphis International Airport eight miles away as well as the intermodal yard of BNSF Railway, the largest intermodal railroad in the U.S. three miles away.
Features of the facility include 32-foot clear heights, 60-foot speed bays; 125 dock doors with two drive-in doors, 119 trailer parking spaces and 204 car parking spaces. Patrick Walton of CBRE represented CBRE Global Investors in the transaction, while the tenant was represented by Jacque Beeson, also from CBRE.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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