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Memphis on Track to Expand Industrial Footprint at Fastest Pace in Nation

CoStar Insight: More Than 11 Million Square Feet Slated to Deliver in 2020
Nike's industrial facility under construction in Memphis' Marshall County Industrial submarket. (H&M Company)
Nike's industrial facility under construction in Memphis' Marshall County Industrial submarket. (H&M Company)
By Alexander Tkac
CoStar Analytics
February 20, 2020 | 7:10 P.M.

Industrial development continues to increase across Memphis, Tennessee. More than 11 million square feet is underway, with most of it expected to be completed by the end of the year. With more than 4% of current inventory under construction, no major city’s industrial stock is rising faster than Memphis’. Only Phoenix is on par with Memphis.

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News | Memphis on Track to Expand Industrial Footprint at Fastest Pace in Nation