The 705,955-square-foot distribution facility at 1753 Chaplin Dr. was completed in December 2018.
FORT WORTH—A sharp uptick in fourth-quarter industrial absorption shows an appetite for new construction, such as the mega-box at 1753 Chaplin Dr. This 705,955-square-foot distribution facility was completed in December 2018.
On behalf of one of its separately managed accounts, Transwestern Investment Group acquired the facility the same month, along with a 494,041-square-foot building at 15453 Wolff Crossing. Just three months later, CTDI leased the full building on Chaplin Drive.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
