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Logistics Property Co. to develop 1msf logistics center in Texas
Transactions - SEPTEMBER 17, 2020

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Logistics Property Co. to develop 1msf logistics center in Texas

by Released

Logistics Property Co. has plans to deliver Southport Logistics Park, Building 3 (Southport 3), in the City of Wilmer, Dallas County, Texas, in the second quarter 2021.

Southport 3 comprises one speculative state-of-the-art class A distribution facility totaling more than 1 million square feet — expandable to 1.2 million square feet.

At full build-out, Southport Logistics Park will house more than 3.55 million square feet of class A industrial space. It is strategically located within a 252-acre master-planned logistics destination in the South Dallas submarket of Dallas Fort Worth (DFW). Well-known corporate neighbors in the industrial park include an operating subsidiary of a Fortune 100 e-commerce retailer, and an iconic American consumer packaged goods (CPG) manufacturer.

“2020 has continued to attract new tenants to the South Dallas submarket, as the overall DFW population increased due to corporate business relocations,” said Kent Newsom, LP

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