{"id":1004083897,"date":"2013-09-20T11:24:53","date_gmt":"2013-09-20T19:24:53","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=184027"},"modified":"2025-02-19T06:02:05","modified_gmt":"2025-02-19T14:02:05","slug":"unilever-announces-108m-expansion-olive-branch-gets-25ksf-homegoods","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/unilever-announces-108m-expansion-olive-branch-gets-25ksf-homegoods\/","title":{"rendered":"Unilever Announces $108M Expansion; Olive Branch Gets 25KSF HomeGoods"},"content":{"rendered":"<p><em>By Eliza Theiss, Associate Editor<\/em><\/p>\n<p>The Greater Memphis Area is about to be one retail option richer, with a HomeGoods store set to open in early October in the submarket of Olive Branch. The 25,000-square-foot store is located at the Wedgewood Commons, in the area where Goodman Road and Pleasant Hill Road intersect, reported the <a href=\"https:\/\/www.bizjournals.com\/memphis\/news\/2013\/09\/17\/new-olive-branch-retail-location-opening.html\" rel=\"nofollow\" ><em>Memphis Business Journal<\/em><\/a>. The store might hire up to 60 part- and full-time employees.<\/p>\n<p>HomeGoods broke into the Memphis market in 2011. Brand owner TJX Cos. Inc. has signed a significant distribution facility lease earlier this year at Chickasaw Distribution Center. As previously reported on <a href=\"https:\/\/www.commercialsearch.com\/news\/cities\/memphis\/gramercy-buys-24m-distribution-facility-fortune-500-company-signs-414ksf-lease\/\" ><strong><em>this<\/em> <\/strong><\/a>page, the contract entails an initial 18-month 207,024-square-foot lease, after which it grows to 414,504 square feet. The distribution facility will help TJX\u2019s expansion in metro Memphis.<\/p>\n<p>In other news, Tennessee Governor Bill Haslam <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Gov.-Bill-Haslam.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-184028\" title=\"Gov. Bill Haslam\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Gov.-Bill-Haslam.jpg\" alt=\"\" width=\"300\" height=\"292\" \/><\/a>and Economic and Community Development Commissioner Bill Hagerty have announced that global consumer good giant Unilever will expand its Covington facility, located at 2000 Highway 51 North. The $108.7 million investment will also add 428 new full-time jobs over a four-year period, bringing the facility\u2019s workforce just short of 1,000 employees. The investment will add 90,000 square feet of parking space, upgrade an 11,000-square-foot engine room, increase the facility\u2019s production capacity and allow the purchase of necessary equipment for new production lines. The Covington factory produces ice cream and frozen novelty items such as Popsicle and Klondike desserts.<\/p>\n<p><em>Image credit: Gov. Bill Haslam\u2019s Facebook page<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Greater Memphis Area is about to be one retail option richer, with a HomeGoods store set to open in early October in the submarket if Olive Branch.<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[1815],"class_list":["post-1004083897","post","type-post","status-publish","format-standard","hentry","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Unilever Announces $108M Expansion; Olive Branch Gets 25KSF HomeGoods - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/unilever-announces-108m-expansion-olive-branch-gets-25ksf-homegoods\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unilever Announces $108M Expansion; Olive Branch Gets 25KSF HomeGoods\" \/>\n<meta property=\"og:description\" content=\"The Greater Memphis Area is about to be one retail option richer, with a HomeGoods store set to open in early October in the submarket if Olive Branch.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/unilever-announces-108m-expansion-olive-branch-gets-25ksf-homegoods\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-09-20T19:24:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T14:02:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Gov.-Bill-Haslam.jpg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/unilever-announces-108m-expansion-olive-branch-gets-25ksf-homegoods\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/unilever-announces-108m-expansion-olive-branch-gets-25ksf-homegoods\\\/\"},\"author\":{\"name\":\"Eliza Theiss\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"headline\":\"Unilever Announces $108M Expansion; 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