John Terrell, vice president of commercial development forDallas/Fort Worth International Airport, tells GlobeSt.com thatdevelopers had to have a user in tow in order to qualify for thelast four tracts. Because more than 18 developers had showninterest in the acreage, the DFW Airport Authority, for the firsttime, issued a request for proposals for the commercial land, whichis along Regent Boulevard and just north of Texas 114 and EstersBoulevard.

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"Because the interest and demand in that park was so high, weended up on those last two sites by going to RFPs and the other twowe worked with developers who had users in tow," Terrell explains."We have a very good relationship with our developers. We didn'twant to pick someone arbitrarily and show favoritism." The decisionalso meant the authority could achieve a better lease deal, hesays.

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Perot Development Co. of Dallas got a 35-acre tract, of which18.34 acres will hold the DB Schenker DallasCampus. Terrell says the site will be taken down in threestages.

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Perot also won bragging rights to 23 acres beside its 404,500-sfDFW International Commerce Park I, also situated on a 23-acretract. The development deal is still at the bargaining table, butTerrell says Perot is planning a 400,000-sf project. And as themarket knows, Dallas-based Crow Holdings is Perot's equitypartner.

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Another local developer, known only as Twin Rose, is getting 18acres for an estimated 250,000-sf project. As would be expected,the identity of the tenant is a closely guarded secret, fornow.

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Trammell Crow Co., also an existing stakeholder in the park, ispicking up another 17 acres beside its 1.6-million-sf Trade Centerproject, which is owned by Seattle-based Kennedy Associates RealEstate Counsel LP. The extra dirt will support 296,208 sf--and thetentative plan is to divvy it into two structures.

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TCC's Trade Center now has four buildings, but ground will breakon a fifth one intwo weeks. The 243,500-sf distribution center is beingjump-started with an 89,000-sf prelease, according to Steve Trese,a vice president in Dallas for CB Richard Ellis, who just landed a213,392-sflong-term tenant for Trade Center 5 at 2580 EstersBlvd.

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The 18,000-acre airport is 29.2 square miles, running nine mileslong and seven miles wide and just a bit larger than ManhattanIsland. International Commerce Park, projected to have 6.3 millionsf at build-out, was the airport's first ground-leased land forcommercial development. The eastern boundary is Royal Lane withTexas 121 on the west, Interstate 635 on the north and Texas 114 asthe southern line. Location, Triple Freeport exemption and ForeignTrade Zone status created a magic formula that lured developersinto signing a 40-year ground lease for development rights withairport authority restrictions.

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"We are at the forefront. There are other airports that havedeveloped land, but I don't believe they've done it to the extentthat we have," Terrell says. "Part of the reason is they don't havethe land assets to accomplish that."

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International Commerce Park's "no vacancy" sign, though, doesn'tmean that industrial development is over at DFW airport. Terrellsays talks are under way with City of Grapevine officials for aninter-local agreement that would open up close to 200 acres alongTexas 121. He says "we're making progress," but the agreement isstill being ironed out. In addition, there are several hundredacres in Passport Park and several hundred acres north and south ofthe east runways near Walnut Hill Lane.

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The DFW team has spent 18 months developing a land-use plan.Excluding land earmarked for the airport's future needs, Terrellsays there are 6,000 acres available for commercial development.It's no secret that future commercial development will includeretail, office and more hotels.

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So far, there have been 1,000 acres commercially developed atthe airport, excluding its operating footprint. InternationalCommerce Park's build-out in six years instead of 30 is a testamentto the region's global positioning as an import-export gateway. "Itshows just how much of a demand there is for this airportproperty," Terrell says.

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