185,000 SF Industrial Facility at 4013 Premier Avenue Secured for National Distribution Expansion

By Brent Pennington, CCIM, Advisor Senior Vice President,Metroport Commercial Group, eXp Commercial and Dana Berggren, CCIM Designated Managing Broker,eXp Commercial

National Distribution Expansion in Memphis, Tennessee for Miller International Inc

The objective was clear: acquire a high-capacity industrial distribution warehouse in Memphis, Tennessee, capable of supporting national customer fulfillment.

The buyer, manufactures and distributes western wear apparel and equipment throughout the United States. The company required:

• Expanded warehouse capacity
• Centralized national shipping access
• Multimodal logistics infrastructure
• Labor depth for distribution operations

Memphis emerged as a strategic logistics market due to its air cargo dominance, rail connectivity, and highway access.

The selected property 4013 Premier Avenue in Memphis, Tennessee is located within Airport Industrial Park and sits approximately eight minutes from Memphis International Airport with direct access to Highway 78.

Buyer representation was provided by Dana Berggren, CCIM Designated Managing Broker eXp Commercial and Brent Pennington, CCIM Advisor Senior Vice President of Metroport Commercial Group, eXp Commercial.

Property Overview: 185,000 SF Industrial Distribution Facility in Airport Industrial Park, Memphis

The property consists of approximately 185,000 square feet on a 7-acre IH-zoned site configured for heavy industrial and distribution use.

Key Warehouse Specifications

• 185,000 SF industrial warehouse
• 6.7 acre site
• 18 dock-high doors
• 1 drive-in door (10′ x 12′)
• 22-foot clear ceiling height
• Heavy power
• 24 parking spaces plus additional rear parking
• Located in Airport Industrial Park
• Approximately 8 minutes to Memphis International Airport
• Direct access to Highway 78

Memphis Logistics Infrastructure Advantages

Memphis offers layered national distribution optionality:

• Proximity to the FedEx World Hub
• Access to the UPS regional hub serving five states
• Nearby Union Pacific Railroad intermodal terminal
• Nearby BNSF Railway terminal
• Interstate highway connectivity

This multimodal combination supports air cargo, intermodal rail, and over-the-road distribution.

Industrial Due Diligence in Memphis: Managing Risk with Limited Seller Documentation

The primary transaction risk involved limited seller documentation.  The advisory team implemented a disciplined due diligence process:

• Independent structural and roof inspections
• Verification of roof warranty terms
• Electrical capacity testing and confirmation
• HVAC equipment review
• Verification of fire suppression system

Primary data was assembled to deliver transaction-ready certainty to the buyer.

Strategic Industrial Real Estate Acquisition Aligned with Business Growth Objectives

This was not merely a Memphis warehouse acquisition. It was a distribution infrastructure decision aligned with national growth.

Why the Facility Fit the Distribution Model

• 22-foot clear height suitable for racking configuration
• Dock capacity sufficient for regional and national throughput
• Heavy industrial zoning classification
• Expansion flexibility on a seven-acre site
• Immediate proximity to a major U.S. air cargo market

While 32 to 36-foot clear heights are common in modern Class A distribution centers, 22-foot clear remains operationally viable for apparel and equipment distribution models where cubic density requirements are moderate.

Representation Objectives

• Control acquisition risk through disciplined due diligence
• Confirm infrastructure alignment with long-term distribution strategy
• Secure logistics positioning in a proven national hub

The real estate needed to fit the operating business objectives.

Results: Memphis Industrial Distribution Warehouse Successfully Acquired

The buyer secured a 185,000 SF distribution warehouse in Airport Industrial Park, Memphis, Tennessee.

The acquisition enables:

• Expanded national distribution capacity
• Leveraging Memphis air cargo and rail infrastructure
• Workforce-supported operations
• Seamless integration into the existing supply chain network

This transaction demonstrates how industrial real estate can function as operational an infrastructure asset rather than a passive asset.

Frequently Asked Questions About This Memphis Industrial Warehouse Acquisition

Why is Memphis, Tennessee a strategic location for national distribution warehouses?

Memphis is one of the strongest logistics markets in the United States due to the presence of the FedEx World Hub, regional UPS operations, multiple Class I rail carriers including Union Pacific Railroad and BNSF Railway, and interstate highway connectivity. This layered infrastructure supports national one- and two-day shipping reach.

What were the primary risks in acquiring 4013 Premier Avenue in Memphis?

The primary risk was limited seller documentation regarding building systems and capital improvements. Independent inspections, electrical testing, zoning verification, and roof warranty confirmation were conducted to mitigate uncertainty.

How does 22-foot clear height affect warehouse efficiency?

A 22-foot clear height supports meaningful pallet racking and vertical storage but offers less cubic efficiency than 32 to 36-foot modern distribution centers. For apparel and equipment distribution, this height remains operationally functional and cost-efficient.

What should a DFW distribution company evaluate before acquiring an industrial warehouse?

Key evaluation factors include:

• Clear height relative to racking strategy
• Dock count versus shipment volume
• Electrical capacity for operational loads
• Zoning compatibility
• Infrastructure access (air, rail, highway)
• Workforce depth
• Deferred capital expenditure exposure

An acquisition should begin with operational modeling and not property tours.

What is the advantage of buyer representation in industrial real estate acquisitions?

Independent buyer representation provides disciplined due diligence, risk mitigation, infrastructure verification, and alignment between operational strategy and real estate selection. It ensures that the assets support long-term business objectives rather than simply completing a transaction.

Industrial Distribution Expansion Advisory

If you are evaluating:

• Industrial warehouse acquisition
• National distribution expansion strategy
• Logistics-driven site selection
• Industrial relocation or consolidation

Representation should begin before the property is identified. The critical decision is not only the building or the address. It is the infrastructure platform required to support the next stage of operational growth.