NAI Partners Awarded 1.5 MSF Property Management Assignment

1/21/21

Company’s Landlord Services Division to oversee Dart Interests’ 2200 South Business 45 in Corsicana

NAI Partners has announced that its Landlord Services Division was awarded the property management assignment for the 1,453,615-sq.-ft. Dart Interests-owned 2200 South Business 45 industrial distribution center, 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-sq.-ft. 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 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 sq. ft.

2200 South Business 45 sits on 139 acres in Corsicana and also contains 13,248 sq. ft. 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.

About Dart Interests

At Dart Interests, we believe in a different approach to real estate development and investment. We start with a long-term perspective and an emphasis on the creation of deep value. We balance a robust analytical culture with a willingness to take calculated risks and to seek innovation. Our deep single source of capital affords us freedom and immense flexibility in how we invest and operate. We’re continuing to grow our extensive portfolio of properties and projects across 7 states and 13 markets. Dart Interests has the freedom to self-fund our own projects, allowing us to work without the typical constraints that other real estate development and investment firms experience. This provides our employees with more flexibility and creativity, leading to higher-quality work. Our team is encouraged to think on its feet and make thoughtful, strategic decisions. We have the ability to create in unique ways. And ultimately, the freedom to do what’s right for the project, our owner, our partners and our stakeholders.

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