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MEMPHIS, TENN. — US Industrial REIT III, an affiliate of USAA Real Estate Company, has acquired two Class A bulk industrial facilities in southeast Memphis. The 1.37 million-square-foot portfolio includes the 829,464-square-foot 6100 East Holmes Road facility, which is occupied by Flextronics Logistics USA and MVP Group International, and the 540,000-square-foot 6000 Freeport Avenue building, which is occupied by Memphis-based Creative Co-Op Inc. Located within Chickasaw Distribution Center, the facilities feature ESFR sprinklers and retrofitted T-5 lighting. Terms of the transaction were not disclosed.