(To read more on the industrial market, click here.)
FORT WORTH-In an under-the-radar move, Land O' Lakes Inc. hasuprooted the Purina Feed division's regional distribution centerinto 119,042 sf in the city's southern sector. The five-year leasehas set up a 29,042-sf expansion.
Purina Feed LLC became the third Minneapolis-St. Paulheadquartered firm to carve out space in the 801,174-sf SouthCentral Distribution Center at 5500 South Freeway, a formerWinn-Dixie facility sold in 2003 to Industrial Realty Group LLC ofDowney, CA. The Minneapolis-based Land O' Lakes invested six monthsinto the search, hunkering down at the end for a four-monthbargaining round that ended in an "extremely competitive" rate forthe entire Dallas/Fort Worth market, says Noel Hutcheson, associatedirector with Cushman & Wakefield of Texas Inc. in Dallas. "Therental rate was extremely attractive."
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