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Friday, October 23, 2020
Real Estate CTDI leases industrial building at Alliance for distribution facility

CTDI leases industrial building at Alliance for distribution facility

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Transwestern Investment Group on April 1 announced it has secured a full-building lease with CTDI at 1753 Chaplin Drive in Fort Worth. On behalf of one of its separately managed accounts, TIG acquired the 705,955-square-foot distribution facility in December 2018, along with a 494,041-square-foot building at 15453 Wolff Crossing.

“We are pleased to execute a full-building lease within three months of acquiring this state-of-the-art property,” said Richard Yeh, managing director at TIG. “In addition to the building’s location and size, CTDI was attracted to the speed with which it could move in and become operational. It was a very efficient and collaborative lease negotiation process that took less than six weeks from start to finish.”

Completed in December 2018, the property offers a 36-foot clear height and convenient access to Interstate 35 West and U.S. Route 287 via Texas State Highway 114. Located in the Alliance submarket, it is approximately 20 miles from Dallas Fort Worth International Airport.

CTDI has more than 90 locations worldwide, including four in Texas. Founded in 1975, CTDI is a full-service, global engineering, repair and logistics company providing best-cost solutions to the communications industry.

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