Innovative Logistics expanding at Southpoint after only a year in Memphis - Memphis Business Journal:

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The expansion brings the company’ s Memphis facility to 80,875 squaree feet at 4655 E. Shelby Drive. Kemp Conrad, seniofr vice president of LLC, was the tenant representative in the whileBrad Murchison, market specialist at Memphis, and Anthony Argirpo at , represented the building’s owner, . Innovative firsf entered the Memphis market witha 38,385-square-foot leasse at Southpoint II industrial park last year. Basedx in Taylor, Mich., the companyt provides logistics and transportation solutionsfor automakers, including , , and . Innovativer Logistics is an 11-year-old, minority-ownecd business that specializesin distribution, intermodal, container management and trucking.
Innovative’s location closre to is a trend many companiesare following, says Lesliew Jobe, logistics division president. Like Jobe says Innovative and other logistica companies will be able to continue to expand due to the amount of freight comingy throughthe airport. “With our customer base consisting mainly of air freight forwardersx from across the nation and our proximity to Memphiws International Airport is one of our most important she says. “Being able to be on carglo row in minutes to pick up a shipment from the airlines or drop a shipment off is ofvitall importance.
” While the size of Innovative’d expansion may not be huge, the econom and the availability of space are makinf deals hard to come by, Conrad says. “Inj this economy, any deal is a good he says. “It used to be that everythintgwas 500,000 or 800,000 square Now we are seeing more smalleer distribution centers closer to a population and we think that is going to bode well for Memphixs in the long term.
” Another key positivw for Innovative’s expansion is the fact that the company serves auto “Innovative is a 3PL for the auto industryt and, with the Priusw being built just south of here, we think there is goin to be an ability to recruit first-tie r suppliers for the auto industry in the Conrad says.