DryPort Capital has selected CBRE to market for lease its new industrial and outdoor facility, Riggy’s truck parking, in Southeast Memphis at 5178 Citation Drive.
DryPort Capital, a Houston-based real estate and logistics company, owns and develops best-in-class, concrete industrial outdoor storage facilities that cater to the needs of a wide range of trucking fleets, local owner operators, 3PL companies and household-name logistics tenants.
DryPort’s truck parking operating platform, Riggy’s, will lease a portion of the lot allocated to nightly and monthly per spot rentals with its proprietary booking platform.
Patrick Walton and Stephanie Allen with CBRE are the leasing agents for the site. This will be the fourth location for the company and the first Riggy’s location in Memphis. The company currently has three locations in the state of Texas. The Memphis project is near completion and is expected to open May 2024.
The property features 1-11 acres of Class-A truck parking consisting of 220 tractor/trailer bays for lease. The facility features a secure access gate, 9-foot permitter security fence, LED site lighting, 24/7 surveillance cameras and 75-foot by 12-foot demarcated parking bays with flexible site plan options available. In addition, the facility contains a truckers’ lounge that includes restrooms, showers, vending machines, TVs, Wi-Fi and commercial laundry facilities. The property has easy access to I-55, I-69, I-240, Highway 78 and I-40.
