The first phase of a 2.3-million-square-foot industrial park that delivered in the third quarter of this year is now 100 percent leased.
Mesquite Airport Logistics Center is a multi-phase industrial park at 4180 E. Scyene Road in Mesquite owned by Dalfen Industrial. Phase I of the master-planned project included over one million square feet between two buildings. Tempe, Arizona-based Coleman Powersports leased Building 1, totaling 379,620 square feet. Masonite International Corporation, based out of Tampa, FL, leased Building 2 totaling 626,718 square feet. Both companies are expanding their industrial footprint in the Dallas-Fort Worth area. Stream Realty Partners, a national real estate services, development, and investment firm, represented Dalfen in the transaction.
“We are excited to welcome Coleman Powersports and Masonite Corporation as the first occupants of Mesquite Airport Logistics Center,” said Sean Dalfen, President and CEO of Dalfen Industrial in a statement. “We’ve developed and acquired over 3.5 million square feet in Mesquite and continue to see increased tenant demand attracted to the eastern side of the Metroplex. This project was designed to capture the needs of tenants like Coleman and Masonite that recognize the value and opportunity of investing in their supply chain and logistics operations in DFW. It’s been great seeing that vision come to fruition.”
The logistics park offers amenities such as ample parking to accommodate a wide range of tenants, from distributors to manufacturers. Trailer parking, 36-foot and 40-foot clear heights, speculative office space, white boxed warehouse, painted columns, and easy access provide tenants with a move-in ready facility that can be easily configured. Once completed, the park will boast over 2.3 million square feet of cross-dock space.
Located in Mesquite, within Kaufman County and east of the heart of Dallas, Mesquite Airport Logistics Center provides access to a strong labor pool that continues to draw tenant attention. The park is close to FedEx Ground, UPS Customer Center, and the Union Pacific Intermodal, and adjacent to the Mesquite Metro Airport. The park’s easy access to Highway 80 and Interstates 635 and 20 position it well for distributors.
Phase II is under construction and expected to deliver in the second and third quarters of 2023. It includes three buildings totaling 1,333,790 square feet. Buildings 3 and 4 each will be 342,196 square feet, and building 5 will be 649,398 square feet.
“Mesquite and Kaufman County make up a rapidly growing area that offers a pro-business environment and unmatched access to labor–meeting two of Coleman Powersports and Masonite Corporation’s goals for their expansion,” said Matt Dornak, Managing Director of Stream Dallas. “Dalfen analyzed the park and built a logistics center that appeals to many companies demanding space in the Mesquite area. The 1.3 million square feet of phase II is much-needed industrial space to the area and meets the needs of tenants we are seeing in the market.”
Dornak and Senior Vice President Ryan Wolcott provide leasing services at the development.