Logistics Property Co. leases 1.1 MSF to CJ Logistics America; deal brings this Dallas industrial campus to full occupancy

12/12/2024

|

CPE

• Subcategory: Industrial: Distribution, Industrial: Logistics, Industrial: Warehouse

• Tag: Lease | Operations | Property Management

• Additional Filters-Subcategory: Industrial: Cross Dock

• Company: Jones Lang LaSalle (NYSE: JLL), Logistics Property Co., CBRE Group (NYSE: CBRE)

CJ Logistics America has leased Southport Logistics Park’s Building 1, a 1.1 million-square-foot warehouse in Wilmer, Texas, The three-building, 252-acre development owned by Logistics Property Co. is now fully leased.

The commitment marks an expansion for the supply chain subsidiary of South Korea-based CJ Group. The logistics firm also has a warehouse at 1501 Southport Parkway in Wilmer, less than 2 miles from the new location.