Duke Realty Leases 525641 Square Feet At 550 Lakeside Pkwy With Tenant's Rep Allen Gump

The property involved in the transaction is a logistics facility located at 550 Lakeside Pkwy, Flower Mound, TX, with a total square footage of 525,641. The asset is situated in the Flower Mound market and is recognized for its last-mile connectivity to the residential growth northwest of Dallas. It has convenient access to SH 121 as well as Interstates 635 and 35.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Property Address: 550 Lakeside Pkwy, Flower Mound, TX
• Market: Flower Mound
• Square Feet: 525,641
• Landlord: Duke Realty
• Landlord's Representative: Matt Hyman (Duke Realty)
• Tenant's Representative: Allen Gump (Colliers International)

The deal involved negotiations by Matt Hyman for Duke Realty and included lease renewals with existing tenants during a challenging business environment. Other brokers involved in related transactions include Trace Elrod and Chris Mathis with Newmark Knight Frank, Brad Struck and Sharon Morrison with ESRP, Jean Russo with Cushman & Wakefield, and Melissa Holland, Chris Stout, TJ Hochanadel, and Dan Santagata with JLL.