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Bunzl Signs Large Industrial Lease

MEMPHIS-The company will move into 96,000 square feet at Airways Distribution Center.

By Carl Cronan | Updated on July 20, 2009

MEMPHIS-Bunzl Distribution USA Inc. has signed a seven-year lease for 96,000 square feet at Airways Distribution Center, in the Southaven submarket, starting July 31. Atlanta-based Industrial Developments International Inc. owns the six-building center, totaling 2.5 million square feet.

Bunzl, a British-based supplier of outsourced food packaging and related products to supermarkets and convenience stores, will occupy the majority of Building C at Airways. It will consolidate operations from another smaller Memphis facility and one in Paducah, KY.

“Thanks to a prior relationship with IDI in Salt Lake City, Bunzl and their real estate team knew IDI’s building quality and location was a strong fit for the company’s regional needs,” says Tim Moore, IDI’s vice president of leasing in Memphis. Bunzl leases 83,100 square feet in Salt Lake City.

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