Press Release brought to you by NAI Saig Company

SK Realty Completes $16.5 million Investment in Memphis Market

11/13/2015

SK Realty Management, LLP closed on their second industrial acquisition in the Memphis market on November 10th, bringing their total investment in Memphis industrial property to over $25 million and over 1 million square feet of space in the southeast submarket.

 

The latest acquisition, which totals 640,000 feet is located in Southridge Industrial Park at Shelby Drive and Crumpler.  The building is fully occupied by Technicolor.   This was the last remaining building in the industrial park owned by Belz Enterprises.  The remainder of the portfolio was sold earlier this year to MDH Partners.

 

Brian Califf, executive vice president with NAI Saig Company, represented SK Realty in the acquisition.  The seller, Belz Investco GP, represented themselves in the transaction.

11/13/2015 - 15:00

Source

NAI Saig Company

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