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Core5 Industrial Partners Leases 957,400-Square-Foot Building to Barrett Distribution Centers

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  • Core5 Industrial Partners Leases 957,400-Square-Foot Building to Barrett Distribution Centers
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April 11, 2023
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Real Estate Daily News Service
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ATLANTA, April 11, 2023 – Atlanta-based Core5 Industrial Partners announced today a full-building lease at I-269 Logistics Center Building D located in Byhalia, Mississippi to Barrett Distribution Centers, a provider of customized third-party logistics, omnichannel distribution, transportation, and direct-to-consumer eCommerce fulfillment services for clients across all industries, such as apparel and footwear, health and beauty, consumer packaged goods, consumer electronics, food, candy, grocery, and automotive. The 957,400-square-foot cross-dock building was delivered in November 2022 and Barrett Distribution is scheduled to occupy the building in April 2023. I-269 Logistics Center Building D is located on a 70-acre site located at Highway 302 and I-269 in Marshall County.

Barrett Distribution Centers was represented by Jacque Beeson, a broker with CBRE.

“The proximity to I-269 and Highway 302 made I-269 Logistics Center the ideal location for Barrett Distribution Centers’ operations,” states Lisa Ward, Senior Vice President, and Managing Director for Core5.  “In addition, the fact that the building was move-in ready played a major role in Barrett’s selection of the facility,” continues Lisa.

I-269 Logistics Center Building D is constructed to meet state-of-the-art standards, featuring a 40-foot clear ceiling height and a six-inch Ductilcrete slab. The building accommodates trailer parking for over 216 trailers and 597 auto parking spaces. When fully developed, I-269 Logistics Center will feature more than 5 million square feet of class-A industrial space.

“Barrett Distribution is an existing customer of Core5, and we are very pleased to have them grow with us in the Memphis market,” added Rodney Davidson, Vice President of Investments for Core5.

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