Metro Industrial Warehouse Expands
Meets Demand For Industrial Space in Desoto County.

MEMPHIS, Tenn. (August 24, 1997) - Metro Industrial Park has expanded the existing 50,000 sq. ft. building at 10666 Ridgewood Dr., by adding another 40,000 sq. ft. This single or multi-tenant building has 40 overhead doors, 26-foot clearance and mechanical dock leveler equipment. The building is located adjacent to the Olive Branch Airport which has a 6,000 foot runway and provides easy access to air transportation. Present tenants include IMC Web Graphics, a subsidiary of Boulder, Colorado-based Intermountain Color, occupying 25,000 sq. ft. and Bital Record Corporation, occupying 7,000 sq. ft. Currently, 58,000 sq. ft. is now available for leasing in Metro Industrial Park.

Rollins Leasing Corporation, of Wilmington, Del., recently purchased five acres of land on Holmes Rd. at Metro Industrial Park for the construction of their branch office and truck leasing facility.

"Memphis continues to be the single most sought-after distribution center in the United States. It has been and continues to be known as America's distribution center," says Andrew J. Groveman, senior vice president for marketing and administration, Belz Enterprises. "Because it is located within one-day drive of 76 percent of the United States, Memphis remains the logical choice for an industrial center like Metro."

Served by air, rail, and truck, Metro Industrial Park offers opportunities in Olive Branch,

Miss., immediately southeast of Memphis. Metro offers a number of land parcels up to 425 acres. Metro Industrial Park consists of 1,000 acres with more than 60 businesses occupying 4-million sq. ft. of space. Metro is also adjacent to the Holiday Inn Executive Conference Center, offering ample meeting rooms, hotel rooms, restaurants and recreational facilities.

With headquarters in Memphis, Tenn., Belz is a multi-faceted real estate company with more than 25 million sq. ft. of developed property including more than 40 shopping complexes, ranging from community shopping centers to regional malls, as well as industrial/warehouse/distribution facilities and developments, office parks and corporate campuses, hotels including The Peabody Hotels in Memphis and Orlando, and residential developments.

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