{"id":1004634206,"date":"2022-12-07T03:41:10","date_gmt":"2022-12-07T11:41:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004634206"},"modified":"2023-04-19T02:14:55","modified_gmt":"2023-04-19T10:14:55","slug":"samsung-inks-full-building-lease-in-fort-worth","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/samsung-inks-full-building-lease-in-fort-worth\/","title":{"rendered":"Samsung Inks Full-Building Lease in Fort Worth"},"content":{"rendered":"<div id=\"attachment_1004634212\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Fort-Worth-Logistics-Hub-Building-1-7-e1670406553215.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004634212\" data-attachment-id=\"1004634212\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/samsung-inks-full-building-lease-in-fort-worth\/fort-worth-logistics-hub-building-1-7\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Fort-Worth-Logistics-Hub-Building-1-7-e1670406553215.jpg\" data-orig-size=\"828,621\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Fort-Worth-Logistics-Hub-Building-1-7\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Fort Worth Logistics Hub. Image courtesy of VanTrust Real Estate&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Fort-Worth-Logistics-Hub-Building-1-7-e1670406553215.jpg?w=828\" class=\"wp-image-1004634212 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Fort-Worth-Logistics-Hub-Building-1-7-e1670406553215.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Fort-Worth-Logistics-Hub-Building-1-7-e1670406553215.jpg 828w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Fort-Worth-Logistics-Hub-Building-1-7-e1670406553215.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Fort-Worth-Logistics-Hub-Building-1-7-e1670406553215.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004634212\" class=\"wp-caption-text\">Fort Worth Logistics Hub. Image courtesy of VanTrust Real Estate<\/p><\/div>\n<p><strong>Samsung<\/strong> has signed a 670,941-square-foot lease at <strong>VanTrust Real Estate<\/strong>\u2019s Fort Worth Logistics Hub, a two-building, 1.3 million-square-foot cross-dock industrial campus in Fort Worth, Texas.<\/p>\n<p><strong>Cushman &amp; Wakefield<\/strong> negotiated the transaction on behalf Samsung, while <strong>CBRE<\/strong> and <strong>KBC Advisors<\/strong> represented VanTrust.<\/p>\n<p>Samsung will fully occupy Fort Worth Logistics Hub\u2019s Building I, the first phase of the development, completed in the first quarter of 2022. The second phase of the project will consist of a 607,074-square-foot building, expected to be completed in early 2023.<\/p>\n<hr>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/todd-henderson-on-potential-risks-for-industrial-investment\/\">Industrial Investment\u2019s Changing Risk Picture<\/a><\/p>\n<hr>\n<p>Fort Worth Logistics Hub\u2019s Building I is located at 9450 Burleson Cardinal Road. Built by <strong>Bob Moore Construction<\/strong> and designed by <strong>Alliance Architects<\/strong>, the one-story facility features ESFR fire sprinklers, 36-foot clear heights and 247 parking spots, CommercialEdge data shows.<\/p>\n<p>Sitting on a 40.9-acre lot, the industrial facility is situated at the intersection of Risinger Road and Interstate 35 West, 10 miles from downtown Fort Worth, 31.2 miles from Dallas-Fort Worth International Airport and within 40 miles of Dallas. Building I was financed by a $31.6 million loan originated by UMB Bank, the same data provider shows.<\/p>\n<p>Cushman &amp; Wakefield\u2019s Senior Director Mark Becker worked on behalf of Samsung, while CBRE\u2019s First Vice President J. Scott Moore, KBC Advisors\u2019 Nathan Lawrence and Krista Raymond negotiated on behalf of VanTrust.<\/p>\n<p>Earlier this year, CBRE arranged another major industrial lease in Fort Worth, Texas: <a href=\"https:\/\/www.commercialsearch.com\/news\/mdh-partners-inks-major-lease-in-fort-worth\/\">GXO Logistics signed a full-building<\/a>, 644,318-square-foot lease at MDH Partners&#8217; Everman Crossroads, a 954,611-square-foot, two-building industrial asset completed in 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This newly built facility marks the initial phase of a 1.3 million-square-foot logistics campus.<\/p>\n","protected":false},"author":2991,"featured_media":1004634212,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1586,21782,21748,21742,51973],"tags":[32789,32799,42548,36489,33102],"class_list":["post-1004634206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-dallas","category-development","category-industrial","category-latest","category-southwest","tag-cbre","tag-cushman-wakefield","tag-kbc-advisors","tag-samsung","tag-vantrust-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Samsung Inks Full-Building Lease in Fort Worth - CPE<\/title>\n<meta name=\"description\" content=\"Represented by Cushman &amp; 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