Jul 6, 2007

FEDEX Drives Memphis Commercial Real Estate Market

"Thanks to FedEx - the company itself along with the companies that occupy distribution centers near its hub at Memphis International Airport - the local industrial real estate market registered another strong year. From June 2006 to May 2007, industrial real estate recorded $510.3 million in sales, up from $339.8 million the previous year, according to Chandler Reports, www.chandlerreports.com."

Read the rest at the Memphis Daily News website.

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