41,350 SF Signed, About 450,000 SF Pending for Hillwood Projects

MESQUITE, TX-Gerard Roofing Technologies of Brea, CA has signed the first lease for one of two under-construction buildings in Hillwood’s Skyline Business Park in the Dallas suburb of Mesquite. The 41,350-sf, long-term pact will put the leading roofing manufacturer into Skyline 4, which is on track to deliver by month’s end.

Dan Tatsch, senior vice president of Hillwood Investment Properties, tells GlobeSt.com that there are two more deals, totaling about 450,000 sf, that are under review by prospective tenants. Word is anticipated in mid-October.

Skyline 4 is a 258,448-sf structure on 18.4 acres designed as a distribution center. But, says Tatsch, talks began with Gerard prior to the building coming out of the ground so it was readily crafted into a manufacturing facility. The finished product will include large overhead cranes and floor drains to accommodate Gerard’s production of its Guardian product, a line launched last year. The structure is located near the building products division of Gerard’s parent company, Metals USA.

In addition to Skyline 4 at 1100 Chase Rd., a 465,000-sf spec industrial project is well under way in the Mesquite park and will come to market by year’s end. The spec projects take Hillwood down to one developable tract in the park, with all but 180,000 sf of the property’s build-out capacity either done or under construction, says Tatsch. Skyline Business Park already is home to a 400,000-sf distribution center for ICON Fitness & Health and a 530,000-sf facility for Shippers Warehouse.

Skyline Business Park is Mesquite’s largest industrial park. Its popularity is mortared in its “outstanding highway access and the nearby intermodal yard” plus development-friendly local officials, says Tal Hicks, president of Hillwood Investment Properties.