Another Lease In DFW's Most Active Industrial Submarket

Photo credit: Courtesy of JLL
Centreport Vii In Fort Worth

Turnkey Solutions, an office furniture and project management company, leased 85K SF in CentrePort VII, an industrial building in Fort Worth.

The deal, at 14301 FAA Blvd., is the latest in a rush of activity in the Great Southwest/Arlington industrial submarket. Nearly half of the metro's industrial absorption in the first half of this year was in this submarket, JLL data shows. Of the 4.8M SF leased in DFW through Q2, 2M SF was in the Great Southwest/Arlington area, and Fort Worth industrial has been a particular standout. CT Realty and Port Logistics Realty broke ground on a 400K SF property in this submarket in June to bulk up supply.

Dallas-Fort Worth's industrial market overall has been on fire. The region was second in the U.S. for foreign investment into industrial in the first half of 2018.

JLL's Chris Stout and Caleb McCoy represented the tenant, and Cushman & Wakefield’s Mark Collins represented the landlord, CentrePort 7TX LLC.

“Turnkey was seeking a prominent location that accommodated future growth, offered cutting-edge amenities and a refreshed office layout, while putting them in a great place to better serve growing client demand,” Stout said.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Philly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'

KKR-Affiliated Data Center Developer CyrusOne Names New CEO

Blackstone Sells $1B Industrial Portfolio To Atlanta-Based Investor

Redevco Buys 560K SF Jaguar Land Rover Logistics Hub In UK IOS Push

Fined For Rotting Food At Burned LA Cold Storage Warehouse, Lineage Plans To Rebuild

DFW Office Footprints Likely To Shrink As AI Use Increases And Companies Battle For Talent

Americold Abandons Automated Warehouse Partnership

Rexford Planning Up To $2B In Dispositions This Year

Jerry Jones Sells Frisco Office Tower To Hobbs Brook: The DFW Deal Sheet

Industrial Consolidation Continues With European Giants Agreeing To $15B Merger

Blackstone's Industrial Arm Sells Revere Warehouse For $45M