February 21, 2017
Makita U.S.A., a global leader and manufacturer of industrial power tools, purchased a 227,230-square-foot warehouse on 14.3 acres in the South Dallas submarket. The asset is situated on 14.3 acres, at 910 E. Pleasant Run Rd. in Sunridge Business Park in Wilmer, TX. Scannell Properties, which built the spec building in 2016, was the seller. The sales price was undisclosed.
Makita will hire 55 new employees, and expand the facility as part of its tax-abatement agreement with the city of Wilmer. It’s anticipated that Makita’s actions will add $28 million in new, assessed value to the city.
“Makita has chosen an excellent location for its expansion,” said David Miracle, executive director, Wilmer Economic Development. “Sunridge Business Park is located on Interstate 45, and sits across from Union Pacific’s 360-acre terminal.” The 510-acre park is 13 miles south of downtown Dallas.
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