MESQUITE, TX—Northeast Dallas is one of the most sought-after submarkets in Dallas/Fort Worth with its labor supply and highway infrastructure. The area has strong tenant demand and a dense population base that is attractive to both distribution and manufacturing tenants.
"Northeast Dallas locations are growing in popularity because of access to labor, access to infrastructure, population growth out east and close proximity to the CBD," Drew Feagin, vice president of Stream, tells GlobeSt.com.
Despite the ongoing issues surrounding COVID, the industrial leasing market resiliency and growing popularity of Northeast Dallas locations are evident in recent transactions. One in particular features Urban Logistics Realty executing its first lease at Urban District 30/UD30 with 1000Bulbs.com, an online lighting retailer. This 203,040-square-foot lease is one of the larger leases in the Mesquite/Garland submarkets year to date.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
