Club Deal 170 – Mendenhall Business Center consists of five Class “B” industrial properties totaling 665,000 square feet of combined rentable space. Three of the five buildings are rail-served with the two other buildings serving smaller, non-rail-served tenants. Mendenhall Business Center is located within the Southeast industrial submarket, which is in the southeast quadrant of the Memphis Metropolitan Statistical Area and is intersected by I-240, 78 and 57. This area accounts for 59% of the industrial space in the entire Memphis MSA. Taurus believes in the growth of the US logistics market and specifically in the strong fundamentals of the Memphis submarket.
Memphis is a regional and national supply chain and logistics hub due to its central location and excellent transportation network that includes seven federal highways and two interstate systems. Memphis International Airport has been ranked as the World’s Busiest Cargo Airport for fifteen consecutive years. The city is also home to the second largest port on the Mississippi River, and the third largest rail center in the United States.