Groundbreaking At Hand for $18M Air Cargo BTS

DALLAS-AMB Property Corp. will break ground within two weeks on a 397,749-sf build-to-suit for its long-time tenant in five cities. EGL Eagle Global Logistics, planning a March 2008 move-in, will vacate at least two locations in the metroplex to get the team under one roof and gain some extra room in the process.

The Houston-based EGL Eagle signed a 10-year lease in May with AMB to take down a 21-acre site that the developer had ground leased at Dallas/Fort Worth International Airport last January. James McGill, senior vice president of development of the west central region for San Francisco-based AMB, tells GlobeSt.com that the developer originally planned to build two spec buildings on the site at West Airfield Drive and West 17th Street. “Then Eagle came along and we switched gears,” he says.

The AMB DFW Logistics Center IV, carrying an all-in development tab of $18 million, will sit about a half mile northwest of the West Cargo area. Alliance Architects Inc. of Dallas has designed an air cargo distribution facility with docks on three sides and 32-foot clear heights. Cadence McShane Corp., also from Dallas, is the general contractor for the project just like it was for AMB’s other on-airport project, AMB DFW Logistics Center I at 1060 N. Airfield Dr., where there are still 13 acres to develop with its JV partner, Atlanta-based Seefried Properties Inc.