Home improvement firm Lowe's is locating a new distribution center in a Mesquite business park.
“Landmark Cos. continues to expand our commercial real estate portfolio nationally, developing assets well-positioned in growth markets to capture demand,” CEO Julia Baytler said in a statement. “The lease with Lowe’s validates our development thesis and reflects the strong demand for modern industrial facilities in Texas.”
The Landmark at the Meadows business park includes two buildings with more than 350,000 square feet. Jones Lang LaSalle’s Kurt Griffin and Nathan Orbin negotiated the lease for Lowe’s. “The deal with Lowe’s is for a last mile fulfillment operation, which the home improvement retailer has been rolling out nationally,” Griffin said.
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