Recent Industrial Leases In Dallas

By Author: Patrick Oconnor
Total Articles: 42
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In the Dallas sector, industrial occupancy has shown some downward movement in the recent Years. The occupancy in Fourth quarter of 2011 has decreased by 2% when compared to the fourth quarter of 2010. Some of the recent leases include:

In January 2012, Insco Distributing Inc has leased 32,960 square feet at Northfield Distribution Center Building 800, a 98,000 square-foot office/warehouse facility located at 1300 Minters Chapel Road in Grapevine, Tarrant County, from Prologis. Completed in 2008, the multi tenant industrial property is 50% occupied with average rents at $0.50 per square feet. The property is situated on 7.10 acres. Northfield Distribution Center Building 800 has sprinklers and parking space with clearance height of 24 which is an additional features to the property. Clint Dansby of Corporate Realty Advisors represented the tenant, while Rick Medinis of NAI Robert Lynn represented the landlord.

Value Lighting has leased 37,824 square feet at 2205 Hutton Dr, a 62,000 square-foot warehouse facility located at 2205 Hutton Drive in Carrollton, Dallas County, from Acquiport DFWIP Inc, an entity of RREEF ...
... Commercial. The 28-year-old facility is 39% occupied with average rents at $0.27 per square-foot. The Multi Tenant warehouse property is situated on 3.44 acres. The property has sprinklers and parking space with clearance height of 23 which is an additional features. Nathan Denton and Conrad Madsen of Lee & Associates represented the landlord.

Another significant lease from that month is the lease of Shady Willow Business Center. Johnstone Supply has leased 21,267 square feet at Shady Willow Business Center, a 104,000 square-foot warehouse facility located at 2505 Willowbrook Road in Dallas, Dallas County, from Sealy & Company. The 33-year-old property is occupied 91.9% leased. The Warehouse space is situated on 5 acres. Nathan Denton with Lee & Associates represented the tenant, while Todd Marchesani represented the seller in-house in the transaction.

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