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3400 Catherine Ct E

Updated Mar 13, 2026

DSV Contract Logistics Leases 1 Million Square Foot Industrial Space At Northlake 35 Logistics Park
LEASEDIndustrial

DSV Contract Logistics Leases 1 Million Square Foot Industrial Space At Northlake 35 Logistics Park

3400 Catherine Ct E

Building Size

1,000,000 SF

Asset Type

Industrial

Closing

Mar 11, 2026

About this deal

AI

The property asset involved in this transaction is located at 3400 Catherine Ct E, Northlake, Texas. This industrial asset spans 1,000,000 square feet and encompasses 47.3 acres.

Summary of transaction details:

This lease transaction marks one of the largest recent industrial deals in the Northlake area. DSV Contract Logistics, a part of DSV, has leased Building 1, which is a significant distribution center within the Northlake 35 Logistics Park.

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Industrial

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Players

Krista Raymond

KBC Advisors

Broker

7 deals

Broker
David Gilbert

David Gilbert

Clarion Partners

Landlord

$2.4B

vol

34 deals

Landlord
Maciej Walenda

Maciej Walenda

DSV Contract Logistics

Tenant

1 deal

Tenant
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Justin Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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