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More, more, more: Amazon is taking more shipping space at DFW Airport

More, more, more: Amazon is taking more shipping space at DFW Airport
Irving warehouse will be used for fulfillment center.
Amazon already has a nearby shipping center which has more than 1,000 workers.(Steve Brown )
Amazon is planting its flag at another big shipping center near DFW International Airport.
The e-commerce giant is building out 372,835 square feet of warehouse space at 3500 S. Airfield Dr. in Irving.
The shipping center is in a new industrial building constructed at the south end of the airport by Chicago-based Logistics Property Co.
The building is in the same area where Amazon has nearby 1 million square foot fulfillment center on Airfield Drive that employs 1,000 workers. ....

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Cabot, MRP Industrial break ground on Collington Park facility

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Home products firm looks to DFW Airport for new shipping hub

Home products firm looks to DFW Airport for new shipping hub
Litex Industries plans new office and warehouse at the south end of airport.
DFW International Logistics Center was started in 2017.(Stream Realty Partners )
A major building products firm is eyeing a big distribution center at DFW International Airport.
Grand Prairie-based Litex Industries designs, manufactures and sells home products including ceiling fans, light fixtures and other offerings.
The company is based on West Trinity Boulevard in Grand Prairie.
Now Litex Industries is looking at a larger office and distribution center in the DFW International Logistics Center at 901 20th Avenue at the airport, according to planning documents filed with the state. ....

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Top industrial sales of 2020: market remains strong

Despite all odds, the industrial sector may have seen a record-setting year in 2020.
New York-based Blackstone Real Estate Investment Trust acquired a 59-building portfolio in April in a deal that may be the largest commercial real estate transaction ever in the Twin Cities.
Individual industrial transactions were topped by MetLife Investment Management’s $118.7 million purchase of the Amazon fulfillment center in Shakopee. This was one of the largest individual industrial sales over the past two years.
According to the most recent report from CBRE, Minneapolis’ industrial market transaction activity increased by 11% from the second to third quarter this year. Its vacancy rate was another positive signal to the market, holding steady at 4.6%. ....

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