Lovett Industrial, a Houston-based real estate investment firm, announced the recent groundbreaking of 121 Logistics Park, a 27-acre urban infill development consisting of 339,280 square feet across two Class A logistics facilities in Coppell and Lewisville, Texas.
Located directly off State Highway 121 – one of the major transportation arteries in the Dallas-Fort Worth area – the business park’s facilities will encompass Building 1, a 257,591-square-foot rear loader, and Building 2, an 81,689 square-foot front loader. 121 Logistics Park is expected to be completed in the third quarter of 2025 and will cater to tenants ranging from 85,000 to 339,000 square feet in size; marketing and leasing efforts will be exclusively handled by Adam Graham and Alex Wilson of Lee & Associates.
“With high barriers of entry, close proximity to executive housing, and ample blue-collar labor, the North DFW Airport submarket is considered not only to be one of the most desirable infill submarkets in the Dallas Fort Worth industrial market but one of the most desirable industrial submarkets in the United States,” said Bennett See, Dallas-Fort Worth market leader at Lovett Industrial. “This opportunity became a reality through a fantastic partnership with the City of Coppell and the City of Lewisville, and we feel incredibly fortunate to be able to work with two great cities that shared our vision for this land.”
Photo: 121 Logistics Park Rendering courtesy of Meinhardt & Associates Architects
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