IDI Buys 35 Prime Acres for 617,760-SF Spec

LANCASTER, TX-After watching Dallas County’s southern sector for a long time, Atlanta-based IDI has zeroed in on a 35-acre site in a corridor that’s on the radar screens of developers and land speculators near and far. The just-bought land has frontage on interstates 20 and 35, where IDI will plant a 617,760-sf speculative distribution center.

Doug Johnson, IDI’s senior vice president and regional development officer, tells GlobeSt.com that dirt work will start in three to six months on Interstate Commerce Center South. “We’re not in a big hurry,” he says. “There’s a lot of industrial product under construction there now.” But, he stresses that IDI intends to build.

“It’s a great location and we wanted to get into that market,” Johnson says, adding he’s been scouting the corridor for a site that would differentiate IDI’s project from all others. He says the location at the interstates’ kissing point and frontage on both will be the dealmaker for tenants as it was for him. The hard-corner site has roughly 1,350 feet of frontage on each interstate.