Logistics Giant Leases 1 MSF Warehouse
Falcon Commercial Development and Clarion Partners own this Dallas-Fort Worth property.
DSV Contract Logistics, part of Danish transport and logistics giant DSV, has leased Northlake 35 Logistics Park’s Building 1, a more than 1 million-square-foot distribution center in Northlake, Texas.
Colliers represented the tenant, while KBC Advisors negotiated on behalf of the ownership, Falcon Commercial Development and Clarion Partners. The transaction is one of the largest industrial deals in Northlake in recent years, according to Colliers.
Located at 3400 Catherine Court E., the 47.3-acre property is within the Alliance submarket, one of the region’s main logistics corridors with robust infrastructure, power capacity proximity and ongoing investments across commercial real estate sectors.
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Completed in 2023, the LEED-certified Building 1 features a 40-foot clear height, 184 dock-high doors, four drive-in doors, 540 parking spaces, nearly 8,000 square feet of speculative office space, an ESFR sprinkler system, LED lighting and 4,000 amps of power. Engineered to support high-volume supply chain operations, the warehouse has 54-foot by 50-foot column spacing.
Northlake 35 Logistics Park has approximately 2.6 million square feet of space across six buildings. It is situated along Interstate 35W and State Highway 114, providing access throughout Dallas-Fort Worth. It is approximately 15 miles from Dallas/Fort Worth International Airport and about 35 miles from Dallas Love Field.
Colliers advised DSV for site evaluation, market analysis and lease negotiations. The firm’s Ward Richmond, Cole Hooper, James Ewing, Keller Strauss and Amanda Richards represented DSV in the transaction.
The landlord was represented during negotiations by Doug Johnson, partner at Falcon Commercial Development; Courtney Phelps, senior vice president of asset management at Clarion Partners; and Nathan Lawrence and Krista Raymond, brokers with KBC Advisors.
DSV’s Metroplex presence
DSV has a presence elsewhere in the Dallas-Fort Worth metro, including a regional multi-client distribution center opened in October 2022 in the Dallas suburb of Lancaster, Texas. Dubbed “Big Tex,” the center combined the company’s Contract Logistics, Air & Sea and Road operations under one roof for the first time in the U.S.
In April 2024, DSV added an additional 1 million-square-foot warehouse at the Lancaster campus offering storage and order fulfillment services.
The Northlake facility will focus on tailored logistics, inventory management and distribution service.
DSV grows U.S. footprint
DSV has been expanding throughout the U.S. in recent years, including in other parts of the Lone Star State, where it has more than 3.2 million square feet of logistics space.
In April 2025, the company began preparations for a 905,000-square-foot distribution center in Laredo, Texas. The project is being built on 49 acres in Port Grande, a 1,992-acre master-planned campus located along the U.S.-Mexico border, adjacent to Interstate 35. The facility is slated for delivery by 2028.
The following month, the company moved into a 1.2 million-square-foot build-to-suit warehouse at VanTrust Real Estate’s New Albany Tech Park development in New Albany, Ohio.
And early this year, DSV broke ground on a new Arizona regional headquarters in Mesa that represents a strategic expansion in the Southwest U.S. The 950,000-square-foot facility, which will house all the company’s service offerings, is slated for completion in early 2027.
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