JLL Selected to Market Former Bayer Campus in Memphis
MEMPHIS, TN, March 30, 2017 – (RealEstateRama) — Bayer U.S. has hired JLL to market for sale or lease its 43-acre, six building, 1 million-square-foot research and development center in Memphis.
“The 43-acre former Bayer Research and Development campus represents an ideal redevelopment opportunity for healthcare corporations and other users seeking well-located sites in and around the Mid-South region,” said Jack Wohrman, SIOR, JLL Vice President.
The former Bayer campus is located within very close proximity to the 55,500 Memphians working in the bioscience industry at St. Jude Children’s Research Hospital, UT Baptist Research Park, and Memphis Bioworks.”
The location is central to several major logistics centers in the area including FedEx world hub, UPS regional hub, the Memphis International Airport, and five Class-I rail intermodal yards.
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