Bixby Land Co. has purchased DeSoto A2, a 328,355-square-foot, class A, newly constructed bulk distribution facility triple net leased to Toshiba in the suburban Memphis community of Horn Lake, Miss.
JLL Capital Markets worked on behalf of the seller, Preylock Holdings.
Part of the DeSoto 55 Logistics Center, DeSoto A2 was completed in 2020 to core, class A, state-of-the-art construction specifications. 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.
DeSoto A2 is located at 1453 Commerce Parkway in Horn Lake, a suburb less than 20 miles south of downtown Memphis, and within the DeSoto industrial submarket, which is one of the most active submarkets in the entire Memphis metro area. This infill location just off Interstate 55 is near Memphis International Airport. In addition, the property has unparalleled regional access along with p
