January 26, 2017
Lykes Cartage Co. signed a long-term lease to take 27,062 square feet of Class A warehouse space in the DFW Global Logistics Centre at Dallas/Fort Worth International Airport. The deal represents a relocation and expansion for the logistics company, as it will gain approximately 10,000 square feet of additional space.
Lykes will move to 1200 Mustang Dr. in Grapevine, TX on Feb. 1. It currently operates out of 306 Airline Dr. in Coppell, TX. “It was the right size, right amount of office, right amount of dock doors and offered additional trailer parking. This property checked all the boxes,” said Susan Singer with Bradford Commercial Real Estate Services.
Singer partnered with Russell Todd of Centric Commercial in Austin to represent the tenant. Steve Koldyke and Kacy Jones of CBRE negotiated the lease on behalf of the landlord, LIT Industrial LP.
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