Tenants have been signed for two projects along Jack Newell Boulevard, with the third undertaking consisting of dual 60,000-sf spec buildings, Trey Fricke, vice president of industrial and office leasing for Henry S. Miller Commercial, tells GlobeSt.com. Sysco Food Services of Dallas has signed a 10-year lease for a 5,500-sf sales office and trucking terminal, situated on 2.2 acres, that will break ground Nov. 1. An abutting project on 8.1 acres is under way for a 30,000-sf build-to-suit for United Rentals Inc., which also has taken a 10-year lease. United Rentals plans to house its Highway Technologies Division in the building, slated for occupancy Jan. 1. The Sysco Food sales office will be ready for occupancy by May 1.

Fricke, who represents Sutherland Investments, says the two spec buildings, estimated to cost $4.5 million, will break ground in early 2001 and will be ready to occupy in July or August. That project, situated on 9.5 acres, is located across the street from Sutherland's other developments. The spec projects are 24-foot high concrete tiltwall constructed with multiple docks.

Riverbend West Industrial Park is an older development in east Ft. Worth that "has a reputation of not being an older park because of the amount of newer buildings there," Fricke explains. He says these projects are just the beginning for Sutherland, a long-time Dallas operation.

Wiser Building Services of Duncanville, TX is the general contractor for the smaller projects. A general contractor has not been selected for the spec buildings, according to Fricke.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • 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.