Plastipak Packaging Inc Signs Lease For 470590 Square Feet At 3200 W Kingsley Rd Garland

The property asset involved in this transaction is located at 3200 W Kingsley Rd, Garland, TX, encompassing a total of 532,000 square feet. The facility, built in 2007, features Class A specifications with 32-foot clear heights, 92 dock doors, ESFR sprinklers, and a modern HVAC system. It includes designated parking spaces for 583 vehicles and 39 trailers, situated on a 25-acre site just off Interstate 635 in the Garland market.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not disclosed
• Tenant: Plastipak Packaging, Inc
• Landlord: Unknown
• Tenant's Representative: Andrew McCaig
• Landlord's Representatives: Matt Hyman (Duke Realty), Bryan Parker (Duke Realty)
• Square Feet Occupied by Tenant: 470,590

This lease renewal and expansion involve significant collaboration between Duke Realty and Plastipak Packaging. Duke Senior Vice President Jeff Thornton indicated that planning for the tenant's expansion and consolidation has been ongoing for five years, with the Duke team committed to updating Plastipak's new space after the planned expansion into an additional 70,590 square feet in March.