Logistics Property Co. will break ground on its Building 3 at Southport Logistics Park in Wilmer, Texas, in July 2020. The 1 million-square-foot logistics building is expandable to 1.23 million square feet and located in a 252-acre master-planned logistics destination within the South Dallas submarket of Dallas–Fort Worth.
At full build-out, Southport will house more than 3.55 million square feet of class A industrial space across four buildings:
Building 1 — 1.1 million-square-foot cross-docked facility fully leased to an iconic American consumer packaged goods manufacturer.
Building 2 — 400,000-square-foot cross-docked facility fully leased to an operating subsidiary of a Fortune 100 e-commerce retailer
Building 3 — 1 million-square-foot (expandable to 1.2 million square feet) cross-docked speculative building.
Building 4 — 850,000-square-foot cross-docked speculative building.
As the only speculative logistics
