006200 3820 Micro Dr. 3

3820 Micro Drive

This property is located near the junction of Routes 51 and 385, 30 minutes from the Memphis International Airport. The facility is leased to Ingram Micro L.P. and its guarantor is Newell Brands Inc., a distributor and marketer of technology and mobility products from such companies as Acer, Apple, Cisco, HP, IBM, Lenovo, Microsoft, Samsung, and many others. The property is used as a facility to ship products directly to end users and technology retailers.

Building Type

Warehouse/Distribution Facility

Property Type

Fully Leased

Date Acquired

04/13/2005

Year Built

1997

Total SF and/or Acreage

701,819

Space Available

N/A

Region

Southeast

Market

Memphis

Clear Height

32'

Energy Certification

N/A

Derrick Johnson

Independent Trustee

Mr. Johnson has served as an independent trustee since July 2022. Mr. Johnson has extensive experience across strategy, marketing, business development, finance and operations, specifically logistical operations, within organizations ranging from startups to Fortune 50 companies.

Experience:

  • Currently, Senior Vice President and Chief Operating Officer at Agiliti, a medical equipment management and services company
  • Former President of Southeast at United Parcel Service (UPS), holding a variety of strategic and operational roles for over 20 years
  • Member of the Georgia Commission on Freight and Logistics
  • Previously, Mr. Johnson was an Associate of Fixed Income Sales at Citigroup and an Associate at Oliver Wyman (formerly Mercer Management Consulting)

Mr. Johnson brings operational and logistics expertise, with specific knowledge of the logistics user experience and provides our Board of Trustees with related insight.

Committee Memberships

  •  Audit and Cyber Risk 
  • Nominating and ESG