| COVER STORY, JANUARY 2011
TEXAS BUSINESS PARKS UPDATE
By Daniel Beaird
CenterPoint Intermodal Center - Kendleton, Texas
Location: Fort Bend County, 35 miles southwest of Houston between Kendleton and Beasley, Texas
Developer: CenterPoint Properties and Kansas City Southern Railroad
Total Acreage: 800
Total Square Feet: 7.5 million
Total Investment: $300 million
Total Whirlpool Square Feet: 1.5 million
• Whirlpool’s Phase I: 750,000-square-foot building on 41 acres opening no later than December 2013
• Whirlpool’s Phase II: Another 750,000-square-foot building to be completed no later than December 2018
The Whirlpool Effect: Whirlpool appliances manufactured in the Pacific Rim will arrive in Kendleton by way of the Port of Lazaro Cardenas on Mexico’s Pacific coast and will transfer to railway in Mexico into Texas. Whirlpool will not pay taxes on products until their final destination due to CenterPoint Intermodal Center’s free trade zone status.
First Park DalPort - Wilmer, Texas
Location: South Dallas Corridor on Interstate 45 (I-45) with proximity to I-35 and I-20, one mile from the Union Pacific Intermodal Terminal
Developer: First Industrial Realty Trust
Total Acreage: 365
Total Square Feet: 6.6 million
• Building 1: 758,922 square feet - delivered in 2008
• Building 2: 492,000 square feet - delivered in 2009
• Building 3: 372,600 square feet - delivered in 2009
• Buildings 4-11: up to 1.7 million square feet - multi-year build-out, speculative or build-to-suit
Size Accommodations: From 120,000 to 2 million square feet
Site Highlights: Union Pacific rail service; Directly accessible and visible from I-45; Inland port region; and Foreign Trade Zone Status
Building 1 Site Plan:
• Building Area: 758,922 square feet
• Bay Spacing: 52 feet-by-48 feet; 60 feet staging
• Dock Doors: 168 (9 feet-by-10 feet)
• Ramp Doors: 2 (12 feet-by-14 feet)
• Clear Height: 32 feet
• Floor Slab: 6 inches thick; 4,000 psi
• Sprinkler: ESFR
• Parking: +/- 376 cars; +/- 196 trailers
Total Whirlpool Square Feet: Approximately 1 million
The Whirlpool Effect: Whirlpool’s 1 million-square-foot regional distribution facility at First Park DalPort is currently under construction. Whirlpool is consolidating more than 40 older distribution centers into approximately 10 large regional distribution centers. The Michigan-based appliance maker currently leases about 725,000 square feet in the Carter Industrial Park in south Fort Worth and is expected to vacate that space once the First Park DalPort space is ready.
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