DALLAS-In a quick turn-around, White Consolidated Industries has struck a deal to relocate into 151,000 sf of the 439,080-sf Pinnacle 3 distribution center in Dallas.

The firm talked about the move some time ago, then fell silent. Five months ago, negotiations started to simmer, Dan Tatsch, senior vice president of Hillwood Investment Properties, tells GlobeSt.com. Now, the deal’s done and White Consolidated will be moving into the building in early January 2002. The speedy action, he says, is being pushed by a strategy to reduce operating costs and relocate closer to the region’s freeway network.

White Consolidated Industries, owned by Sweden-based Electrolux, currently leases a site in Carrollton. “My understanding is this building is going to give them significant improvement in their operating efficiency…and reduce costs,” Tatsch says.

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