DCT Industrial Project: Lennox Lease Anchors New

Rendering of DCT Industrial project in northwest Houston.

In Houston, Lennox International has leased 190,000 sq ft of distribution space in a new northwest Houston project being developed by DCT Industrial Trust, a publicly traded industrial real estate company.

Lennox International, a leading manufacturer of climate control products for the heating, air conditioning and refrigeration industries, will be the lead tenant in a 362,000 square-foot building under construction at DCT Northwest Crossroads Logistics Centre, off of Beltway 8. The Company commenced construction on Phase I of DCT Northwest Crossroads Logistics Centre in the second quarter of 2014.

Said Justin E. Bennett, Regional Vice President DCT Industrial: “We continue to see significant growth in the Houston market and believe the pre-leasing of our most recent development is a testament to the strength of DCT’s development program as we continue to source highly-desirable locations.”

The tenant, Lennox International plans on taking occupancy when construction is complete in late 2014 or early 2015. Amy Strauss is Manager Corporate Real Estate Lennox International. “Their responsiveness, combined with a superbly located opportunity off the Beltway 8 in Northwest Houston won our newest 190,000 sq ft Regional Distribution Center.”

In Dct Northwest Crossroads Logistics Centre is a 682,000 sq ft, two, building development project in the Northwest submarket of Houston. The Company plans to commence construction on Phase II, a 320,000 sq ft building, in the second half of 2014.

DCT Industrial was represented by Will Hedges of DCT Industrial and Lennox was represented by Gene Allred of Allred & Associates.