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Panattoni awarded Memphis build-to-suit contract

Sacramento, Calif.-based Panattoni Development Co. has completed a 654,080 sq. ft. build-to-suit distribution center for Des Plaines, Ill.-based United Stationers Supply Co. in East Park Distribution Center in Memphis, Tenn. The single-story East Park building marks Panattoni's second assignment for United Stationers.

Locally based Commercial Realty represented Panattoni, while Northbrook, Ill.-based Grubb & Ellis represented United Stationers. Atlanta-based Southtrust Bank provided financing.

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