RICHLAND HILLS, TX-In a fast-moving deal, a distribution company from North Carolina is awaiting an occupancy certificate for a 96,896-sf warehouse. The short-term lease will be a regional distribution and storage center for raw cotton moving from the fields to US production sites.

Paxton Warehouse Services of Winston-Salem took as-is space at 7205 Burns St. after a one-month search of the area, looking at structures with ample space to store baled cotton from railcars coming into Alliance Airport, according to Ryan Wood, associate with NAI Huff Partners in Fort Worth. He says the short-term lease has the potential of a long-term stay for the new distribution name in the region.

The short list had been pared to two office/warehouses in North Fort Worth. “We went with this one because the landlord was pretty aggressive,” Wood tells The building, formerly occupied by Oak Brook, IL-based USF Distribution Inc., was being marketed at $3.50 per sf, gross. He says the other dealmakers were the 30 dock doors and access to the freeway network.

Wood teamed with Walter Floyd, principal of NAI Huff Partners, to nail down the new location for the North Carolina distributor. Jeff Givens, also an NAI Huff principal, represented the local building owner, Richland Warehouse Specialist.

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