MegaCorp Logistics, a transportation logistics firm specializing in full and less-than-truckload shipments throughout North America, has signed a long-term lease agreement with Corporex to become the anchor tenant for the new office building in the Ovation development in Newport, KY. The company, ranked as one of Transport Topics Top Logistics providers in America, will occupy two floors of the building and plans to double its current size, bringing nearly 250 to 300 jobs to the Newport Riverfront.
Corporex, a privately held investment firm serving as the master developer of Ovation, is constructing the 100,000 square-foot office building, set to be completed by the end of 2022. In addition to the office building, Corporex is also building a Hilton Homewood Suites Hotel and a 1,600-parking space structure as part of the Ovation development project, which includes residential units, retail, entertainment, and a membership fitness and social club along the riverfront.
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