Premium

Industrial real estate continues historic pace

By , Daily Memphian Updated: July 12, 2022 11:39 AM CT | Published: July 07, 2022 4:00 AM CT
<strong>Three of the five largest properties sold in the second quarter were in DeSoto County, including Wheeler Fleet&rsquo;s move into Legacy Park in Olive Branch.</strong> (Mark Weber/The Daily Memphian file)

Three of the five largest properties sold in the second quarter were in DeSoto County, including Wheeler Fleet’s move into Legacy Park in Olive Branch. (Mark Weber/The Daily Memphian file)

Rents exceeded $4 per square foot for the first time, according to Cushman & Wakefield’s second-quarter report.

Topics

Subscriber Only

2025 is almost over. Now is the time to support your trusted local news source.

Will you help us reach more Memphians with quality, in-depth local news? Make a fully tax-deductible donation or other contribution to The Daily Memphian, a 501(c)3 nonprofit news organization, today.

Thank you for keeping up with what’s happening in Memphis. Thank you for investing in our community’s trusted local news source.

Neil Strebig

Neil Strebig

Neil Strebig is a chef turned journalist covering economic development and commercial real estate for The Daily Memphian. He grew up in Pennsylvania and has worked at media outlets including the York Daily Record/USA Today Network and most recently as Report for America Corps Member with Lookout Santa Cruz. He is a graduate of Point Park University in Pittsburgh.


Comments

Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here