Venture Distribution Center in Carrollton now fully leased
JLL industrial leasing team secures two new leases
DALLAS, April 15, 2019 – JLL announced today that Venture Distribution Center, located at 1030-1048 Trend Drive in Carrollton, Texas, is now fully leased. JLL Senior Vice President Michael Haggar and Senior Associate Caleb McCoy successfully negotiated two new industrial leases on behalf of the landlord.
Carrollton-based Driveline Motorcars agreed to a 27,000-square-foot industrial lease at 1048 Trend Drive, and manufacturing company Century Inc. agreed to a 35,000-square-foot industrial lease at 1030 Trend Drive.
“Venture Distribution Center delivers accessibility and amenities for these growing companies to better serve their client bases across North Texas,” said Haggar. “We’re thrilled to have filled the project completely.”
According to JLL Research, the Northwest Dallas industrial submarket tied with South Fort Worth for the lowest availability rate at 7.3% in Q1 2019, 3.5% below Dallas-Fort Worth market average.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 90,000 as of December 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com