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JLL Brokers Sale of 328K-SF Distribution Facility Near Memphis

JLL has arranged the sale of DeSoto A2, a 328,355-square-foot, newly-constructed bulk distribution facility in the suburban Memphis community of Horn Lake, MS. The sales price was not disclosed.

DeSoto A2 is located at 1453 Commerce Pkwy. in Horn Lake, a suburb less than 20 miles south of downtown Memphis. At the time of sale, the facility was triple net leased to electronics company Toshiba. The single-tenant building features a 36-foot clear height, ESFR fire protection, TPO roof, ample auto and trailer parking and an abundance of dock-high doors with view windows.

Dennis Mitchell, Matt Wirth, Britton Burdette, Jim Freeman and Mitchell Townsend of JLL, along with Jack Wohrman with JLL Agency Leasing represented the seller, Preylock Holdings, in the transaction. Bixby Land Co. acquired the asset.


Inside The Story

JLL’s Mitchell

About David Cohen

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. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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