SOURCE: Binswanger


January 05, 2010 09:00 ET

Binswanger Named Exclusive Agent for Sale of Former Dallas Morning News Packaging & Distribution Facility in Dallas, Texas

DALLAS, TX--(Marketwire - January 5, 2010) - Binswanger has been named exclusive agent by The Dallas Morning News, Inc. for the sale of a one-story, fully air-conditioned, 134,028 sq. ft. building on 50 acres. The property is located at 4616 Langdon Road in Dallas, Texas.

This highly-desirable facility was built in 2007 and features 8" - 10" reinforced concrete floors; precast concrete tilt walls; ceilings heights to 67'; steel columns, 140' clear span; all utilities; state of the art automated storage/retrieval system with 4,416 pallet positions; 100% wet sprinkler system via ESFR system; 9,600 sq. ft. of modern office space, including numerous private offices, conference rooms and a cafeteria; two air compressors; two interior cranes; sixteen (16) 10' x 10' dock-high truck doors; and Union Pacific rail bordering the site.

The property is strategically located just north of the Dallas Logistics Hub, and is approximately one mile south of I-20; two miles west of I-45; 20 minutes to Interstates 635, 35, and 30; and approximately 30 minutes to Dallas/Fort Worth International Airport and Dallas Love Field.

"We are excited to represent such a unique opportunity in the Dallas/Fort Worth Metroplex," said Holmes Davis, Senior Vice President of Binswanger. According to Davis, "Binswanger is aggressively marketing the property to a wide variety of manufacturers including printing, paper, food, apparel, pharmaceutical, aerospace, alternative energy (solar), industrial machinery, automobile parts, and chemical companies. The facility is also ideally suited for wholesale and retail distribution."

Headquartered in Philadelphia, Pa., Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.

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