USAA Real Estate Co. and Seefried Industrial Properties have picked Jones Lang LaSalle to lease Southfield Park 35, the largest speculative industrial project in Dallas-Fort Worth.
The master-planned industrial park on 157 acres at 501 West Danieldale Road in DeSoto, TX, includes four buildings totaling 2.3 million square feet. Building one, at 1.13 million square feet, is under construction with completion slated for the fourth quarter of 2014.
The second building has a pad in place and totals 678,600 square feet, while buildings three and four are each 241,800 square feet.
JLL Managing Director Terry Darrow, Executive Vice President Kurt Griffin and Senior Vice President Nathan Orbin will lead leasing and marketing representing USAA. Atlanta-based Seefried Industrial Properties is the developer.
"Given the strong current fundamentals, we are excited to be under construction to meet the market demands of a wide range of tenants," said Seefried Industrial Properties Senior Vice President Jonathan Stites.
"Time and again, the South Dallas Corridor has proven to be an ideal location for logistical and e-commerce firms with regional and national distribution strategies," added Darrow.