Toyota leases distribution facility in Lewisville

Toyota Motor Sales USA LLC has leased a 121,188-square-foot, freestanding distribution facility at 121 Riverview Crossing in Lewisville.

The building is a newly completed development situated at 1825 Midway Road.

“We’re pleased to welcome Toyota to 121 Riverview Crossing and support their business growth within our portfolio,” said Matthew Smith, vice president of ML Realty Partners. “The quick lease-up of this Class-A building is an example of ML Realty Partners’ continued success within a strategic submarket. The property is located within five minutes of the ongoing development occurring at Legacy West and the $5 billion mile.”

Melissa Holland of JLL represented Toyota, and Dan Spika and Jim Breitenfeld of Henry S. Miller represented ML Realty Partners in the transaction.

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ML Realty Partners is a real estate investor who focuses on both the acquisition and development of industrial real estate in the Central United States.