A new full-service facility in Wilmer will expand Yokohama Tire Corporation’s U.S. distribution network to a fourth location, centrally located to meet the needs of its customers in the Southwest. The development at Intermodal III Industrial Park secures a long-term lease agreement for the 431,630-square-foot facility about 15 miles southeast of Dallas, according to the Dallas office of Duke Realty Corporation.
“Yokohama had a tightly defined timeline and our vertically integrated development model has helped meet the client’s expedited delivery, occupancy and operational schedule,” said Jeff Thornton, senior vice president of the Texas region at Duke Realty.
The LEED-certified facility sits on a 22-acre site at Sunridge Boulevard adjacent to the Union Pacific Railroad Dallas Intermodal Terminal. Yokohama is expected to begin occupying the space this summer. It will first be used to distribute Yokohama’s original equipment tires, followed by passenger car/light truck and commercial truck/bus products in 2022.
CBRE’s Nathan Lawrence, Kacy Jones and Krista Raymond, and Duke’s Matt Hyman handled the negotiations on behalf of Duke Realty.
Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
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