nexAir, one of the largest distributors of atmospheric gases and welding supplies in the US, has signed a letter of intent to lease office space in Crosstown Concourse , a mixed-use re-development of a former catalogue order plant and retail store in Memphis.
The agreement signifies a move of nexAir’s headquarters to the historic, 1.1 million-square-foot structure, due to open in early 2017.
With a lease agreement for 33,000 square feet, nexAir will be the largest for-profit tenant at Crosstown Concourse, which currently boasts organisations including St. Jude Children’s Research Hospital, Methodist Le Bonheur Healthcare, Crosstown Arts and Christian Brothers University as future tenants.
“Our company was founded here in Memphis in 1940, and as we began to outgrow our current offices, we were looking to relocate somewhere that spoke to our city’s rich culture of innovation and creativity,” said Kevin McEniry, CEO at nexAir.
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