35550 LBJ Freeway. Picture courtesy of Archway Properties
Careismatic Manufacturers has signed a long-term lease for the whole lot of a 1 million-square-foot facility in Dallas to create a delivery hub, in accordance with Dallas Information. Cresa’s Jim Hazard and Brad Struck negotiated on behalf of the tenant, whereas KBC’s Nathan Lawrence and Krista Raymond represented the landlords, Ares Administration and Archway Properties.
Careismatic will use the not too long ago accomplished constructing in I-20 Logistics Park to consolidate different warehouses throughout the nation. COO Sidharth Lakhani mentioned in ready remarks that the brand new Dallas facility will characteristic main business automation and know-how options.
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The corporate is thought for its medical attire and footwear below manufacturers like Cherokee, Allheart and Dickies. With its Dallas warehouse location, Careismatic can ship to most areas within the U.S. in three days or much less. The attire model has its world headquarters in Santa Monica, Calif., however can be current in Los Angeles, Dallas, Canada, Hong Kong, China, Sweden and the U.Ok.
Inside I-20 Logistics Park
Archway Properties and Black Creek Group, which has since been acquired by Ares Administration, acquired 165 acres to construct I-20 Logistics Park in February 2021. The Careismatic-leased facility has 40-foot clear heights, 170 dock-high doorways, 4 ramped doorways, 274 automotive parking areas and 246 trailer parking areas.
The builders are additionally planning a second part for I-20 Logistics Park that may embrace one other greater than 1 million-square-foot facility. The second constructing was designed to characteristic 40-foot clear heights, 165 dock-high doorways, 4 ramped doorways, 258 automotive parking areas and 224 trailer parking areas.
Positioned at 35550 LBJ Freeway close to the second largest FedEx Floor facility within the U.S., the commercial campus has direct entry to Interstate 20 and close by entry to interstates 35E and 45.
Regular demand for Dallas industrial area
Numerous attire manufacturers have opened industrial outposts within the Dallas-Fort Value metro because of its ideally suited location for reaching as many U.S. clients as attainable. Simply final month, Nike leased a 1 million-square-foot constructing at Southport Logistics Park in Wilmer, Texas.
Exterior the attire sector, Samsung not too long ago dedicated to just about 671,000 sq. toes at VanTrust Actual Property’s Fort Value Logistics Hub, a two-building, 1.3 million-square-foot industrial campus in Fort Value, Texas.
And, additionally in Fort Value, ITS Logistics signed a lease for greater than 1 million sq. toes at NorthPoint Improvement’s logistics middle. The situation serves because the 3PL’s first Texas distribution middle.
