Molto Properties recently closed the pre-leasing of 75,123 square feet of warehouse and distribution space to R.I.M. Logistics at its GSW Commerce Center at 161 in Grand Prairie, Texas.
The pre-lease is the first in the overall development of two speculative industrial buildings totaling 465,195 square feet.
The GSW Commerce Center is a Class-A+ logistics park in DFW’s Great Southwest/Arlington submarket, built to accommodate a variety of industrial user demands, including bulk distribution, shallow-bay or office/showroom configurations. The industrial park offers versatile features, including 36-foot clear heights, 180 feet truck court aprons, ESFR sprinklers, dock high doors, grade level ramps, and a combined 116 trailer parking spaces and 410 standard parking spaces.
The park’s prime location is situated south of DFW airport, providing tenants with highly desirable visibility on President George Bush Tollway and convenient access to major transportation routes, including I-30, SH-183, and I-20.
R.I.M. Logistics, a global logistics service provider involved in freight brokerage, freight forwarding and warehousing and distribution, will occupy the pre-leased space, adding to their extensive portfolio of over 1,000,000 square feet of warehouse space around the globe. R.I.M. Logistics’ expansion in the GSW Warehouse and Distribution market is a critical part of their mission to provide local support for its global customers.
Forshey Hoobler at KBC Advisors represented RIM in the lease transaction. CBRE’s Brian Gilchrist, Steve Koldyke, and Kacy Jones are overseeing the marketing and leasing of the business park on behalf of the developer, with building shell construction expected to be complete in January.
