nexAir To Relocate Memphis Headquarters

The company said it plans to move into its new space in early spring of 2017, with an estimated 65 employees to relocate there.

MEMPHIS, TN — nexAir, a distributor of atmospheric gases and welding supplies, announced Friday that it has signed a letter of intent to lease office space Crosstown Concourse, the mixed-use re-development of the former Sears, Roebuck & Company Crosstown catalog order plant and retail store in Memphis, TN.

The agreement signifies a move of nexAir’s headquarters, currently on Corporate Avenue, to the historic, 1.1 million-square-foot structure on Watkins Street 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 organizations including St. Jude Children’s Research Hospital, Methodist Le Bonheur Healthcare, Crosstown Arts and Christian Brothers University as future tenants. When completed, Crosstown Concourse will be comprised of galleries, shops, restaurants, corporate offices and loft-style apartments. Amenities include a 30,000-square-foot professional fitness facility, a ten-story atrium and several open plazas and green spaces. 

“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. “We look forward to moving to Crosstown Concourse and becoming a part of this exciting new community. Additionally, the vibrant new area will give our team members the opportunity to participate in the local music, arts and wellness scenes and further contribute to the revitalization of our city.”

Construction of nexAir’s new offices at Crosstown Concourse is underway, and nexAir plans to move into the space in early spring of 2017. Approximately 65 employees will relocate to the new headquarters; nexAir fill plants, distribution centers and retail stores will not be affected by the move.