New Property Acquisition - 3015 Tecumseh Way | Corinth, Mississippi

This 294,000 square foot, Class A distribution warehouse features 30’-34’ ceiling heights with 22 dock high doors, 3 drive-in doors, sits on 25.02 acres and can be expanded by an additional 178,500 square feet. Constructed in 2008, this concrete and steel panel building was originally a build-to-suit facility for Kimberly Clark (NYSE: KMB) who continues to occupy a majority (168,000 SF) of the premises. The current owner recently executed two leases with internationally known tenants, Northrop Grumman (NYSE: NOC) and Prysmian (BIT:PRY) for the remainder of the building, bringing its occupancy to 100% with investment grade credit. Located within an hour of many major regional employment hubs, the Corinth Distribution Center presents investors with an excellent opportunity to acquire a highly functional and mission critical distribution space in one of the South’s most business friendly environments.