Two logistics firms lease more than 1 million square feet of Dallas-Fort Worth shipping space
Buildings in Desoto and Grand Prairie will house new distribution hubs.
Tennessee-based Kenco is moving into the Crossroads Trade Center on Interstate 35E.(Hillwood )
Logistics companies are gobbling up millions of square feet of Dallas-Fort Worth industrial building space.
Two new distribution deals have taken more than 1 million square feet of warehouse space in North Texas.
Kenco Group, a Tennessee-based logistics and warehousing firm, is leasing more than 485,000 square feet of industrial space in DeSoto.
The logistics firm is planning the new shipping hub in the Crossroads Trade Center on Interstate 35E, according to planning documents filed with the state.
DeSoto rejected a plan to regulate developers’ tree removal, but activists have started a petition
Mayor Rachel Proctor voted against changing an ordinance because of concerns that it could hinder development in the city.
DeSoto resident Kelly Wittmann provided this photo and others to the city council in 2019 showing what she referred to as a tree cemetery near the intersection of South Cockrell Hill and West Wintergreen roads. Residents spent months advocating for the tree preservation ordinance the council rejected in March 2021.(Kelly Wittmann / Courtesy)
The DeSoto City Council recently voted not to enact an ordinance regulating tree removal, but residents aren’t giving up.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: El Paso border crossing looks to rebound in 2021; logistics firm expands with Dallas shipping hub; Suddath acquires Texas-based Daryl Flood Inc.; and $2 million of meth hidden in shipment of rugs.
Deal Ticker: Yokohama Tire Corporation Expands Distribution Network in DFW
Plus: Richardson s Office of Strategic Initiatives is moving into the city s innovative quarter; Gulf Relay leases massive South Dallas industrial space, and more.
Share your top deals by emailing Real Estate Editor Bianca R. Montes at [email protected].
Yokohama Tire Corporation will expand its distribution network in the U.S. at Intermodal III Industrial Park. Duke Realty Corporation’s Dallas office secured a long-term lease for the company for the 431,630-square-foot facility in Wilmer, about 15 miles southeast of Dallas. This will be Yokohama’s fourth location centrally located to meet its customers’ needs in the Southwest.
Logistics firm grows with DeSoto shipping hub
Gulf Relay takes southern Dallas County distribution building to expand operations.
Gulf Relay is leasing the Crossroads Trade Center 1 building in DeSoto.(Cushman & Wakefield )
A Mississippi-based logistics company is expanding its local footprint with a new location in southern Dallas County.
Gulf Relay, a third-party logistics provider which has a facility in Coppell, is taking a big block of warehouse space in DeSoto.
Gulf Relay is leasing more than 350,000 square feet of distribution space at the Crossroads Trade Center 1 at 1221 E Centre Park Blvd in DeSoto.
The new location will more than double the company’s North Texas shipping facilities.