ProLogis Signs Truck Manufacturer

MEMPHIS-Daimler Trucks North America has signed a 300,000-square-foot industrial lease at Delp Distribution Center near the intersection of Lamar Avenue and Shelby Drive, less than a mile from the city’s airport. The Portland, OR-based manufacturer of medium- and heavy-duty trucks and commercial vehicles will use the full building at 4505 Delp Street, owned by Denver-based ProLogis, for distribution of auto parts and components.

“Delp Distribution Center remains attractive for our local customer base for its proximity to the Memphis International Airport and its ability to support rail services,” Jeremy Giles, senior vice president and Southeast regional director for ProLogis, stated in a release. “In addition, Memphis remains a prime logistics hub for its quick highway access to highly populated areas throughout the Southeast and Midwest.”

Daimler now occupies a total of 809,000 square feet owned by ProLogis throughout North America and Europe, according to ProLogis vice president and market officer Alex Vulic. The owner, manager and developer of distribution facilities holds 919,000 square feet in six buildings at Delp Distribution Center, which are now 97% leased.