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Gateway Global Logistics Center Site
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Pending

Gateway Global Dr, Byhalia, MS 38611

1,500-acre industrial site near Norfolk Southern intermodal terminal.

Property Size554,040 SF
Lot Size1,500.00 Acres
Days on Market1445

Property Features for Gateway Global Dr

General Information

Standard status Pending
Size 554,040 SF
Total Parking Spaces 270
Lot size 1,500.00 Acres
Property subtype Industrial
Listing Agency: CBRE - Memphis
Listed By: Stephanie Allen · License #S-57333
Source: Crexi
Added: Sep 16, 2022 Changed: Aug 27 Last Checked: Aug 26 at 7:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Memphis

Investment Insights

Based on property information with market context.

Gateway Global Logistics Center is a 1,500-acre industrial site located in Fayette County, TN, and Marshall County, MS. It is adjacent to the Norfolk Southern intermodal terminal. Access is available via Highway 72, Highway 302, and Wingo Rd. The park is approximately 2 miles from the I-269 interchange at Goodman Rd and 3 miles to I-269 at Highway 72. Park accessibility is via Highway 72 flyover and Interstate 269 via Highway 302. Construction of Spec XIII has begun, with delivery scheduled for Q2 2023. A graded pad will be in place and permitted for an expansion to 1,200,420 square feet. Since December 2018, Panattoni has completed 8.79 million square feet, including 1,014,000 square feet for Cooper Tire, 1,058,669 square feet for Corelle Brands, 765,500 square feet for Kellogg’s, 1,600,560 square feet for Amazon, 892,620 square feet for IG Design, 338,580 square feet for Mallory Distribution, 338,580 square feet for Ingram Entertainment, and 1,508,420 square feet for Bed Bath and Beyond. Since 2014, Panattoni has completed a total of 13.7 million square feet. The property size is 554,040 square feet.

Key Highlights

  • Adjacent to Norfolk Southern intermodal terminal.
  • Located within the 1,500 acre Gateway Global Logistics Center.
  • Excellent access to major highways: Highway 72, Highway 302, Wingo Rd, and I‑269.

Property Analytics

Current Use

Distribution centers

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby

Demographics for 38611, MS

16,537
Population
7,206
Households
2.3
Avg Household Size
44
Median Age
15%
College-Educated
80%
High-School Grad
191.7 sq mi
ZIP Area
86
Density / Sq Mi
$54,198
Median Household Income
$34,758
Median Earnings
$1,185
Median Rent
$206,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - 1,500-acre industrial site near Norfolk Southern intermodal terminal.
Where is this distribution center located?
The property is located at Gateway Global Dr Byhalia, MS.
What are key features of this property?
This property features: Adjacent to Norfolk Southern intermodal terminal.; Located within the 1,500 acre Gateway Global Logistics Center.; Excellent access to major highways: Highway 72, Highway 302, Wingo Rd, and I‑269.
(901) 260-1830 Call to check price and availability
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