"We're seeing huge growth at DFW International Airport with thefreight business," says Rick Medinis, executive vice president forDallas-based NAI Robert Lynn, who's marketing the AMB DFW LogisticsCenter for $5.75 per sf triple net with a $7 per sftenant-improvement allowance. And as Medinis points out, the airfreight trade is coming through on the west side of the airport andpast the JV partners' site at 1060 N. Airfield Dr.

Neal L. Harper, president of Dallas-based Cadence McShane Corp.,tells GlobeSt.com that the 113,640-sf building's slab will bepoured this week and vertical construction coming in about sixweeks on an 8.1-acre tract at the hard corner of Minters ChapelRoad and North Airfield Drive. Delivery is planned for November."It's got a pretty quick schedule," he says.

Based on local construction data, shell space construction forcomparable space would range from $30 per sf to $35 per sf. Thefront-park, rear-load building will have 39 dock doors, withinteriors divisible for takedowns as small as 15,000 sf and 24-footclear heights.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.