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Office market soft; continued growth for industrial, retail.

Publication: Mississippi Business Journal
Publication Date: 28-JUL-03
Format: Online - approximately 728 words
Delivery: Immediate Online Access
Full Article Title: Office market soft; continued growth for industrial, retail.(Tupelo)

Article Excerpt
TUPELO -- Even though Tupelo's office market has been stagnant, the city's industrial and retail sectors continue its urban sprawl.

In May, Davis International, makers of upholstered leather furniture and case goods, opened a 161,352-square-foot facility, which brought 50 to 100 jobs to Lee County. Last month, Sleep Innovations, producers of comfort sleep products and bath products, opened a 113,968-square-foot facility, Advanced Innovations East, LLC, which brought 70 new jobs to the area.

"Tupelo's market ... is predominantly driven by three stimuli: furniture manufacturing, health care and retail," said Clay Short, director of commercial sales and leasing for TRI Inc. of Tupelo. "Therefore, buildings and developments which feature...

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