July 28, 2020
CBRE has arranged the sale of an 817,274-square-foot industrial warehouse in Memphis. The sales price was not disclosed.
Located at 8400 Winchester Road, the facility is currently vacant but was previously occupied by Nike Inc., which had operated the facility as a distribution center. The Class A facility is 100 percent air conditioned and includes a 28’ clear span height.
Johnny Lamberson and Terry Radford of CBRE represented the undisclosed seller in the transaction. The buyer was RealOp Investments, which plans to implement a significant CapEx investment to update to modern facility requirements and rebrand the property to the Southwind Distribution Center.
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