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251,622-SF Industrial Lease Passes Muster

FORT WORTH-Sunbelt Warehouse decides to test drive the location of a vintage facility with a three-year lease.

By Connie Gore | Updated on April 04, 2008

FORTH WORTH-Carving out its first distribution spot in the Metroplex, Sunbelt Warehouse Corp. Toyoshima USA Inc. has leased a 251,622 sf warehouse as a consolidation location for its West Texas cotton-export business. The three-year lease, kicking in earlier this week, took just one month to bed down.

Sunbelt has just started to move into the 1970s-era warehouse at 2550 Downing St., according to Craig Hughes, director of Dallas based Cushman & Wakefield of Texas Inc. He told Globest.com that Sunbelt opted to “test” the location with a short term lease because it’s just a shade under the 15 mile count off of higher dryage cost. Sunbelt will be transporting containers of 2,000-pound cotton bales to the Union Pacific railroad inter-modal facility in Alliance, T, which is 14.9 miles haul from the warehouse.

Hughes says Sunbelt plans to keep some warehouses in West Texas and close a couple smaller ones since it has found a Fort Worth distribution spot. The deal maker was that “it’s a low cost efficient building,” he says, adding the 20-plus dock doors won high points with the tenant.

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