Tuesday, March 26, 2013

International Paper Plans Expansion in Memphis




National Commercial Real Estate News From CoStar Group





International Paper Plans Expansion in Memphis



International Paper (NYSE: IP) has signed a long-term, build-to-suit lease with Highwoods Properties, Inc. (NYSE: HIW) for a fourth tower in its Poplar Avenue campus in Memphis, TN.

Highwoods will develop a nine-story, 241,000-square-foot, class A office building with parking garage at 6430 Poplar Ave., directly across from International Place, the global packaging and paper product provider's headquarters and main campus where it currently occupies...






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