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Amount of Industrial Space Under Construction in Memphis, Tennessee, Reaches New High

CoStar Insights: Developers Continue to Break Ground on Speculative Distribution Facilities
By Alexander Tkac
CoStar Analytics
October 29, 2019 | 4:23 P.M.

Industrial development has returned to Memphis, Tennessee, in a big way. With more than eight million square feet of projects underway, the construction pipeline in Memphis is the busiest it has been in over a decade. Most of the space under construction started on a speculative basis, and is still available for lease.

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