Business course

Logistics Property Co. announces construction of new Class A industrial facility in bustling Midlothian

CHICAGO–(COMMERCIAL THREAD) – Logistics Property Company, LLC (LPC) announces the construction of Southern Star Logistics Park (Southern Star), a modern, 548,340-square-foot, 45-acre logistics facility in the rapidly growing city of Midlothian, Texas.

Located just off SH-67 along Railport Parkway, Southern Star invites the qualities of the Southern GSW industrial submarket with easy access to SH-287, SH-360 and the rest of the DFW metroplex, as well as a hand – High quality artwork without compromise that cannot be found elsewhere in the area.

“Logistics Property Company is delighted to be Midlothian’s premier speculative developer and to expand GSW’s southern submarket to tenants looking for dual rail service, high workforce. quality and Midlothian incentives, ”said Kent newsom, Executive Vice-President – South Region. “We couldn’t be more proud to partner with the Town of Midlothian.

LPC has partnered with the Midlothian Economic Development Council on this project and is working with the City of Midlothian to facilitate job growth and much needed logistics space.

“Midlothian Economic Development is delighted to partner with Logistics Property Company on the Southern Star Logistics Park,” said Kyle Kinateder, President and CEO of Midlothian Economic Development. “This is the first large-scale speculative product in Ellis County. The first building is commissioned at a time when we are experiencing unprecedented demand and Midlothian will now be able to offer the existing space, he added.

Kacy jones, first vice-president, Steve koldyke, executive vice-president and Brian Gilchrist, first vice-president at CBRE Dallas-Fort Worth represent LPC to rent the project.

About Logistics Property Co.

About Logistics Property Company, LLC (LPC) is an industrial real estate company focused on the acquisition, development and management of modern logistics properties in major North American markets. LPC’s management team partnered with MIRA Real Estate – part of Macquarie Infrastructure and Real Assets (MIRA) – to form the platform. LPC is developing properties in key logistics markets including Atlanta, Chicago, Dallas, Houston, Kenosha, Mount Pocono, Philadelphia, New Jersey and Seattle-Tacoma, with an estimated end value of over $ 2 billion. Based in Chicago, LPC has offices in Atlanta, Baltimore-Washington, Dallas, Houston, Los Angeles and Seattle. For more information, please visit logisticspropco.com and follow @logisticspropco.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *