IDI officials couldn't be reached at GlobeSt.com's publication deadline to confirm the construction cost. But area construction industry estimators familiar with the airport market tell GlobeSt.com IDI's new Building F will come in at about $70 per sf. Asking rents are $2.95 per sf to $3.25 per sf, depending on tenant finish.

IDI has been on a leasing roll for most of the first half. The locally based, 12-year-old developer signed Tampa, FL-based Trans-Logistics Inc. to a three-year, 165,000-sf lease with an estimated aggregate value of $2.5 million, as GlobeSt.com reported June 22.

When Building F is completed in July, the 108-acre SouthPoint will comprise five buildings totaling 1.8 million sf of industrial. Besides Trans-Logistics, tenants are McLane Co. Inc. of Temple, TX, Hughes Supply of Orlando, Qwest of Denver and AmeriService Inc. of Dallas.