(Read more on the industrial market.)
FORT WORTH-Marking its fifth year as an AllianceTexas tenant,Motorola Corp. is looking to expand. The Fortune 500 companywants an 800,000-sf build-to-suit in its current backyard or aground-leased site in Dallas/Fort Worth International Airport.
All that developers know is they are chasing a proposal for atelephone manufacturer, but GlobeSt.com has learned from reliablesources that it's Schaumburg, IL-based Motorola, which has mandatedForeign Trade Zone-designated land for the project. Logically, thenation's second-largest cell phone maker needs the tax breaks topark inventory for assembly and distribution of mobile deviceimports. The company employs several thousand workers at itsexisting 400,000-sf center at 4801 Westport Pkwy.and nearby scattered sites so that too is playing a critical rolein the decision-making process, the source says.
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