Thursday, September 10, 2009

Sunridge Business Park Gets New Tenant

Sunridge Business Park is getting a new tenant for about half of the 520,00 square foot cross dock facility at 101 Sunridge Drive. Build-out construction is currently underway. Although the new tenant isn't identified in the attached press release, the Dallas Business Journal announced last month that Arch Chemicals Inc. (NYSE:ARJ) would be consolidating two distribution centers in Wilmer. Congratulations!

Wilmer, TX - September 8, 2009 - (RealEstateRama) — US Industrial REIT II, an affiliate of USAA Real Estate Company, recently leased 286,000 square feet within its I-45 Tradeport 1 distribution facility, located at 101 Sunridge Blvd. in Southeastern Dallas County, to an undisclosed tenant. Gary Collett, Dan Cook, Mark Becker and Ashley Pope of global real estate services firm Cushman & Wakefield, are providing brokerage services for the remaining 234,000 square feet – divisible to 94,500 square feet – of industrial space.
“This prime real estate offers a unique opportunity with its location adjacent to the Dallas-Fort Worth-Arlington metro area and two international intermodal transportation hubs,” Collett says. “The facility stands in the heart of what is considered the next frontier of industrial development.”
The 520,000-square foot cross dock warehouse is competitively situated just off the access road to Interstate 45 near the UP Dallas Intermodal Terminal and is also part of Dallas-Fort Worth International Airport’s North Foreign Trade Zone 39. Other amenities of the Tradeport 1 property include 47 dock doors, ESFR sprinkler system, 44 trailer positions with expansion room, 140 foot truck courts and the ability to add perimeter security fencing for CT-PAT compliance.
The US Industrial REIT II portfolio, totaling $1 billion, consists of large scale bulk industrial properties across the continental United States. USAA Real Estate Company, with approximately $5 billion assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. USAA Real Estate is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit

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