(Read more on the industrial market.)

FLOWER MOUND, TX-Granite Properties, zeroing in on a market gapfor small distribution spaces, is adding two more buildings in its43-acre Lakeside Commerce Center. The 152,000 sf of niche spacewill come on line in April 2008.

“We feel this type of tenant is underserved in this market. Wefeel like we can get a little niche,” Jeff Jackson, industrialleasing manager of the Dallas-based development company, tellsGlobeSt.com. Granite already has 200,000 sf of distribution spaceon the ground in Lakeside Commerce Center, but like its neighborsit's all aimed at large users. The new product will havedistribution spaces as small as 5,600 sf in building A at 1500Lakeside Pkwy. and 15,000 sf in building D at 1600 LakesidePkwy.

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