[CPEO-MEF] REUSE: Memphis Depot Business Park (TN) repositions

[Lenny Siegel <lennysiegel@gmail.com>]

Depot Biz Park Changes Direction

By DAVID ROYER
Memphis Daily News (TN)
November 28, 2011

From Army supply base to base of operations, the new owners of the  
Memphis Depot Business Park hope to position their revitalized 260- 
acre site in South Memphis on real estate brokers’ radar screen as a  
solution for industrial needs.

"We just think it’s a really unique opportunity to take a project  
that’s been successful to date and continue that vision of what it  
can be and, if possible, take it to a new level," said John Jenkins,  
partner with Dallas-based Mayfield Properties.

An affiliate of Mayfield Properties purchased the industrial park  
from the joint city-county Depot Redevelopment Corp. in August for  
$35.8 million. The property comprises most of the developed portion  
of the 642-acre former Defense Depot Memphis off Airways Boulevard.

...

For the entire article, see
http://www.memphisdailynews.com/news/2011/nov/28/depot-biz-park- 
changes-direction/

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope Street, Mountain View, CA 94041
Voice: 650-961-8918 or 650-969-1545
Fax: 650-961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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