NAI Partners Awarded 1.5 MSF Property Management Assignment

NAI Partners’ landlord services division was awarded the property management assignment for the 1,453,615-square-foot 2200 South Business 45 industrial distribution center. Owned by Dart Interests, the property is located in Corsicana, Texas. NAI Partners’ property services team will manage the property, working in conjunction with NAI Robert Lynn’s industrial project leasing team. “Located on Business Highway 45 South, just minutes to I-45 and State Highway 31 with direct access to Dallas-Fort Worth and DFW International Airport, 2200 South Business 45 is an extremely well-positioned industrial distribution asset,” said Randall Tuller, senior vice president, Dart Interests. “Wanting to take advantage of the market’s industrial demand intensifying, we needed a property management and leasing team we knew and could trust to do an exceptional job leasing up and managing the project for us.” NAI Partners also leases and manages Dart Interests’ Republic Square, a 324,000-square-foot office building on a beautiful corporate campus adjacent to both BP’s Westlake campus and Terry Hershey Park, that was recently modernized and optimized. “We’re thrilled to be able to continue our great partnership with Dart Interests, and excited to deliver the exemplary level of property services expertise to 2200 South Business 45 that NAI Partners Landlord Services Division prides itself on,” said Jim Tainter, partner and managing director, NAI Partners landlord services division. The property sits on 139 acres in Corsicana and also contains 13,248 square feet of modern air-conditioned office space and offers lighted parking for 560 cars and 1,130 trailers. The site also has rail access served by Union Pacific on the property’s northwest boundary. The addition of 2200 South Business 45 brings the total amount of square feet leased and/or managed by NAI Partners’ landlord services division to over 16 million square feet.