Lovett Industrial, a Houston-based real estate investment firm, has officially started construction on 121 Logistics Park, a premier 27-acre urban infill development in the bustling North Texas region. The project will consist of two state-of-the-art Class A logistics facilities, totaling 339,280 square feet, strategically located in Coppell and Lewisville, Texas.
“This opportunity became a reality through a fantastic partnership with the City of Coppell and the City of Lewisville,” said Bennett See, Dallas-Fort Worth Market Leader. “We feel incredibly fortunate to work with two great cities that shared our vision for this land.”
Prime Location and Advanced Design
Situated directly off State Highway 121, 121 Logistics Park offers immediate access to one of the most critical transportation corridors in the Dallas-Fort Worth area. Its location places it at the heart of a dynamic industrial market, ensuring unmatched connectivity for logistics and distribution.
The project comprises two buildings, each designed to meet above-standard industrial specifications:
- Building 1: A 257,591-square-foot rear-loading facility with a 36-foot clear height, a 7-inch reinforced concrete slab, 49 dock-high doors, a 185-foot truck court, and at least 67 trailer parking spaces.
- Building 2: An 81,689-square-foot front-loading facility featuring a 32-foot clear height, a 6-inch reinforced concrete slab, 18 dock doors, a 130–185-foot-deep truck court, and 12 trailer parking spaces.
These specifications make the park suitable for a variety of tenants, from regional distributors to large-scale logistics operations.
Strategic MarHket Opportunity
The North DFW Airport submarket is among the most sought-after industrial areas in the United States. Its high barriers to entry, proximity to executive housing, and access to a skilled labor force make it an attractive destination for industrial developments.
“The North DFW Airport submarket is considered not only one of the most desirable infill submarkets in Dallas-Fort Worth but one of the most desirable industrial submarkets in the entire country,” added See.
Completion and Leasing Efforts
121 Logistics Park is scheduled for completion in the third quarter of 2025. The facilities are designed to accommodate tenants ranging from 85,000 square feet to 339,000 square feet, providing flexibility for diverse business needs.
Marketing and leasing efforts will be exclusively managed by Adam Graham and Alex Wilson of Lee & Associates, a leading commercial real estate firm.
Project Team and Partners
The project is backed by an experienced and capable team:
- Construction financing: Provided by Comerica Bank.
- General contractor: Bob Moore Construction, known for delivering high-quality industrial projects.
- Architecture: Meinhardt & Associates, leading the design of the facilities.
- Civil engineering: Handled by Kimley-Horn & Associates, ensuring efficient infrastructure development.
Expanding Lovett Industrial’s DFW Presence
121 Logistics Park is Lovett Industrial’s ninth development in the greater Dallas-Fort Worth (DFW) area, solidifying its presence in one of the fastest-growing logistics hubs in the country. Other notable projects include:
- Trinity West Phases I & II
- Innovation Ridge Logistics Park
- Wylie Business Center
- Addison Innovation Center
- Lovett 35 Logistics Park
- Garland Innovation Center
- Texport Logistics Center
These projects, together comprising over 5.4 million square feet, showcase Lovett Industrial’s commitment to delivering high-quality industrial spaces that meet the evolving needs of modern businesses.
About Lovett Industrial
Founded in 2020, Lovett Industrial is a privately held, vertically integrated logistics real estate investment firm headquartered in Houston, Texas. The company specializes in developing and acquiring industrial assets that stand out for their quality, location, and functionality.
Currently active in over 15 U.S. markets, Lovett Industrial’s portfolio includes approximately 17 million square feet of completed, acquired, and under-construction properties, with an additional 10 million square feet planned for future development. Backed by over 60 years of combined experience in commercial and industrial real estate, Lovett Industrial continues to establish itself as a leader in the logistics real estate sector.
