Acquisition Announcement 

Diamond Properties is pleased to announce its recent acquisition of   Memphis Industrial Park , the largest single-asset industrial trade in Memphis in almost two years! 

Memphis Depot Industrial Park is a  large-scale industrial park of 43 buildings spanning more than 4.2 million square feet. With an infill location less than one mile from Memphis International Airport, the country's top cargo airport, and less than five miles from Downtown.  Convenient access to Interstate 240 and Interstate 69 and less than five miles from Downtown Memphis, the Property is the rare major-scale industrial development that is conveniently located in an urban infill location. This urban infill setting gives the property both last mile capability and access to a large skilled labor force.
"It's a very large portfolio in a market that we love, with a lot of long-term potential for value growth," Jim Diamond, Diamond Properties' CEO, told Commercial Property Executive. 


Visit Diamond Properties for more on this property.
 
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E-Waste Collection in its Fourth Year! 


Diamond Properties recently celebrated Earth Day by holding its fourth collection drive of e-waste materials from tenants, an initiative inspired by the Green Business Partnership  in 2014.  Because of the success of the program, we decided to repeat the collection program annually.  Each year, we ask our tenants to bring in their used or damaged electronic equipment for proper disposal.  Coordinated efforts between our building managers and Tekovery, a full service electronic recycling service, our mass e-waste recycling drive  helps eliminate electronics safely, conveniently, and reduces our carbon footprint.  Even in its fourth year,  we still marvel at our collection because as we prepare we often wonder where or how were all of our old computers, phones, cameras, and printers disposed of previously?   We are proud to make even the smallest impact and take our tenants for the ride!   Thank you to all of our tenants,  DP staff, and Tekovery for another successful collection removing 2, 873 lbs of e-waste from our landfills.
It's almost here! 

Diamond Properties will host its fifth annual Tenant Appreciation Day at
Grand Prix New York/Spins Bowl. 
Stay tuned by following us facebook for details.