Alliance leases large warehouse to Saddle Creek Logistics Services
Saddle Creek Logistics Services has leased a large warehouse at Alliance from Hillwood Properties.
Saddle Creek, a privately-held third-party logistics company based in Lakeland, Fla., has leased 287,000 square feet at 743 Henrietta Creek Road in Roanoke.
The lease brings first quarter leasing activities at Alliance in far north Fort Worth to 1 million square feet, Hillwood said.
“First quarter activity continues to follow 2012’s pace and is a good sign that the industrial market is continuing its rebound,” said Mike Berry, Hillwood Properties president, in a statement. “We believe AllianceTexas is well-positioned to take advantage of these improved market conditions.”
Saddle Creek has leased a portion of a 1-million-square-foot warehouse that is leased by Tom Thumb, said Reid Goetz, marketing manager with Hillwood.
The space has been leased by a number of other tenants, but was available and met Saddle Creek's needs, he said. Saddle Creek will use the space for several of its clients, he said.
Saddle Creek also operates an 860,000-square-foot warehouse at 4600 Railhead Road in Fort Worth. The company’s website said it also operates two Grand Prairie facilities totaling 900,000 square feet.
Saddle Creek took occupancy of the Alliance warehouse in April.
Goetz represented Hillwood Properties in-house. Gary Lindsey with Newmark Grubb Knight Frank, and Robert Pericht, senior vice president, warehouse operations, represented Saddle Creek Logistics Services.
“Saddle Creek has experienced strong growth in quite a few markets, and the Dallas-Fort Worth market is certainly one of those,” said Pericht, in a statement. “This new AllianceTexas building puts us in a great spot to continue that growth.”
_ Sandra Baker