{"id":1004113217,"date":"2015-02-10T14:18:53","date_gmt":"2015-02-10T22:18:53","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=323747"},"modified":"2025-02-19T00:20:10","modified_gmt":"2025-02-19T08:20:10","slug":"innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center\/","title":{"rendered":"Innotrac Pulls Permit for $42M Redevelopment of Property as Target Fulfillment Center"},"content":{"rendered":"

By Liviu Oltean, Associate Editor<\/em><\/p>\n

\"\"<\/a><\/p>\n

5461 Davidson Road<\/p>\n<\/div>\n

Innotrac Corp., a Georgia-based commerce services provider, recently pulled a permit for the $42 million redevelopment of a facility in Memphis as a new Target fulfillment center.<\/p>\n

Innotrac Corp., which will manage the facility located at 5461 Davidson Road, applied for the permit through the city-county Office of Construction Code Enforcement, reported Memphis Daily News<\/a>.<\/em><\/p>\n

The 900,000-square-foot facility was developed in 1998 and was once occupied by Hamilton Beach and more recently by Technicolor SA. Located within Memphis\u2019 Southeast Industrial submarket, the asset has direct access to Lamar\/Highway 78 and is minutes away from the Memphis International Airport, the FedEx Super HUB, the UPS hub and the BNSF Intermodal yard.<\/p>\n

As Commercial Property Executive<\/em><\/a> reported, Target inked the lease in December 2014. The CBRE Group represented the retailing company, while Cushman & Wakefield | Commercial Advisors L.L.C. acted on behalf of the landlord, an entity affiliated with USB Realty Investors.<\/p>\n

Target was awarded a 15-year PILOT and a $150,000 EDGE grant. Upon completion, the project will create more than 450 jobs and will generate about $27 million in new tax revenue for Memphis and Shelby County.<\/p>\n","protected":false},"excerpt":{"rendered":"

Innotrac Corp., a Georgia-based commerce services provider, recently pulled a $42 million permit for the redevelopment of the facility at 5461 Davidson Road in Memphis, TN as a new Target fulfillment center.<\/p>\n","protected":false},"author":1158,"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":[],"class_list":["post-1004113217","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"\nInnotrac Pulls Permit for $42M Redevelopment of Property as Target Fulfillment Center - 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\/innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innotrac Pulls Permit for $42M Redevelopment of Property as Target Fulfillment Center\" \/>\n<meta property=\"og:description\" content=\"Innotrac Corp., a Georgia-based commerce services provider, recently pulled a $42 million permit for the redevelopment of the facility at 5461 Davidson Road in Memphis, TN as a new Target fulfillment center.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center\/\" \/>\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=\"2015-02-10T22:18:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T08:20:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/02\/5461-Davidson-Road.jpg\" \/>\n<meta name=\"author\" content=\"Liviu Oltean\" \/>\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\\\/innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center\\\/\"},\"author\":{\"name\":\"Liviu Oltean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a12696609e74785a9cb5f8f7eae8bbd0\"},\"headline\":\"Innotrac Pulls Permit for $42M Redevelopment of Property as Target Fulfillment Center\",\"datePublished\":\"2015-02-10T22:18:53+00:00\",\"dateModified\":\"2025-02-19T08:20:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center\\\/\"},\"wordCount\":199,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/02\\\/5461-Davidson-Road.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/innotrac-pulls-permit-for-42m-redevelopment-of-property-as-target-fulfillment-center\\\/\",\"name\":\"Innotrac Pulls Permit for $42M Redevelopment of Property as Target Fulfillment Center - 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