IDI Logistics Leases Entire 347KSF Warehouse in Memphis Metro

IDI Logistics Leases Entire 347KSF Warehouse in Memphis Metro

Stateline KMotivational Fulfillment & Logistics Services to use space to distribute household appliances.

(ATLANTA, GA – April 16, 2024) – IDI Logistics, a leading developer and manager of logistics real estate, announced today it has leased its entire 347,604-square-foot Stateline Business Park, Building K warehouse facility in Southaven, Mississippi to Motivational Fulfillment & Logistics Services.

Motivational is a full-service logistics company that offers both retail distribution and direct-to-consumer services. They will use the newly leased space for national distribution of household appliances.

Located in DeSoto County, Mississippi, Stateline Business Park is a 230-acre business center developed by IDI Logistics with approximately 4 million square feet of Class A industrial buildings. The park provides convenient access to I-55 and the Memphis International Airport.

Memphis is a new market for Motivational. The company is expanding to better serve customers with next-day and 2-day deliveries. In addition, the strategic location will allow Motivational to provide best in class omni channel fulfillment requirements nationwide.

“IDI is excited to align ourselves with Motivational Fulfillment and Logistics Services which is an excellent operator in the 3PL space,” said Jon Harmon, Vice President of Capital Deployment and Leasing for IDI Logistics. “Building K was a great fit for Motivational’s needs in terms of build-out and size. We are hopeful that this will be the start of a long successful business relationship between our firms.”

Patrick Burke and Jacque Beeson of CBRE represented IDI Logistics in the transaction. The tenant was represented by Carpenter Properties in Mississippi and Lee & Associates out of Nashville and Boston.

# # #

No Comments

Sorry, the comment form is closed at this time.