US·Acquisition·Industrial
Provident Industrial buys 13-building Memphis industrial portfolio totaling 2.53M sf
Value
Undisclosed
Location
Memphis, Shelby County, Tennessee
Date
2026-04-23
Companies
Provident Industrial, Provident
Provident Industrial, a division of Dallas-based Provident, announced it acquired a 13-building industrial portfolio totaling 2,526,937 square feet in the Memphis metropolitan area. The announcement did not disclose the seller, purchase price, or debt financing. The buyer cited Memphis' logistics position as a driver for the acquisition.
industrialportfoliomemphislogistics
Source
PR Newswire