Lee & Associates Dallas-Fort Worth Negotiates 57,607 SF Industrial Lease in Dallas
The Dallas-Fort Worth office of Lee & Associates announced a 57,607-square-foot lease for Dogwood Industrial Properties (“Dogwood”) at 119 Regal Row, Dallas, TX. Located near Dallas Love Field Airport, the 182,149-square-foot facility, which is fully occupied, is equipped with 28’ clear height,10 trailer stalls, a sprinkler system, and a 115’ truck court.
“West Dallas, especially the Brookhollow submarket, is known for its historical occupancy of smaller tenants. The recent volatility in the market is turning that notion on its head. I was able to implement transaction management strategies to align their portfolio of properties and maximize cost savings,” said Stephen Williamson of Lee & Associates DFW.
David Sibley, manager of Dogwood’s acquisition, noted that the Brookhollow submarket is known for its urban landscape. But, the company believes the an industrial building in an urban setting can work. “Essentially, this is an industrial building in an urban setting. You don’t see that very often,” he said.
Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. Erik also worked six years in CRE public relations with Los Angeles-based Hoyt Organization, where he was a Senior Account Executive. He later joined Lee & Associates where he served as the Director of Corporate Communications. There ,in addition to his work with Lee’s CEO, he managed 57 offices nationwide and provided PR, social media and media training for the offices. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.
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