PD194-CS010914 ell industrial park on track
First construction
phase set to begin Late-breakir
in January Sandy Lake Road
By CHRIS.NE PEREZ Afitting
Staff Writer GREATER METROPLEX
COPPELL -- AmberJack Ltd., the real ized by shop own,
estate arm of Bloomington, Ill.- lng they've ever s
based State Farm Insurance Cos., is in New York City
'~ Local dealers s
moving forward with a new 2 mil- AmberPoint
O stocking their
lion-square-foot industrial park in 0 Business Parka: haven't been abl
Coppell. The company closed on 98 c--
acres of land last week and has an ad- ~
-'-' enough.
ditional 20 acres under contract. -~ ~ Carolyn Smith,
Dubbed AmberPoint Business >, . Banner Manufact
o
Park, the park will sit at the southeast ~ considering maki
quadrant of Sandy Lake Road and cause she can't ge
Royal Lane, just east of State High- Ali Hamideh, ge
way 121. As part of the project's de- ., . Grapevine Mills
sign, Northpoint Drive will be ex- NEW CONSTRUCTION: AmberPoint Business Park will be at Sandy Lake Road squeezed because
tended east and north to divide the and Royal Lane. but his shop's pri~
park, at a cost of about $1.25 million. Jim Eggleston.
Transwestem Commercial Set- Co. in Fort Word-
vices will develop, lease and manage "We think the build-to-suit market operations, said
the project for AmberJack. Thecom- in Coppell is very, very strong," he competition is Transwestern for American
puny recently completed an industri- said. "It's one of the things thatgot us stiff. C011lmlr~is[ Eggleston is pres
al park for AmberJackinAustin, and comfortable committing to such a "All of a sud- Senim Flag DealersAsse
Eggleston said
has worked with the real estate in- large tract." den, Coppell has ~us~n~ss: es what his store
vestment group since the late 1980s. Coppell is the third smallest in- found itself in the Full-service
Jack Elmer, president of Tran- dustrial submarket in the Metroplex, path of prosperi- commercial sian Gulf War.
swestem's central region, said it took but it has seen the most construction ty," he said. "A lot real estate The Texas Mot
Headquarters: tance of ABC FI
about a year to acquire the Coppell and the most absorption this year, of developers §001Springvafley and car flags to
have flocked to ~a., Suite 600w,
property.
said John Fulton, senior vice presi- the submarket. If Dallas '/'5244
"The challenge was finding dent at Transwestem. He said the activity slows, Ownenhlp: Private
enough land to make a statement," triple Freeport exemption, which things could get a ToO
Jack Eimer,
he said. "It was not an easy task and Coppell approved last year, has been little messy. Most omsiclent,. CIO Gotcha !
required the assemblage of four dif- the driving factor behind all of the of the players out Employes: 1.350
ferent tracts. We got one of the last growth, here, such as IDI, Locations: 21 AUSIIN --Th~ T~:
large parcels -- if not the last large "It is clearly where the tenants Champion, ProL- Annual revenue: ceived about 400
parcel -- in Coppell.' want to be, and the development ogis and Duke, all notoisaoseO
Phone: around the state
Construction of the first phase of community recognizes that," Fulton have very deep (972) 774-:2500 plaints seemed
AmberPoint, a 308,000-square-foot said. pockets. Compet- we~: www. trans said Mike Viesea,
cross-dock warehouse, will kick off With I million square feet corn- mg against these western.net "It is certainly
in January. Completion is scheduled plete and another I million under big-box develop- not just gas, bu
for August. construction, Indianapolis-based ers is not for the
Elmer said Transwestem will pur- Duke Realty is among the most ac- faint of heart." items like that, th
ed because they
sue both leasing and build-to-suit op- tive developers in Coppell. leffTum- contact oB.t writer christine Perez at Price-gouging
portunities, er, who heads up Duke's Metroplex cperezc~izjoumals, com or (214)z0§-~120. Deceptive Trade
Texas Attome
FORWARDED TO statement warnin
"InsidegBlSeBtember 14-20. ~.MA'YOR ~ CO~CII resp°nset°airp
200 DATE:~'-Icl- rOI heels of terrorist
, ton D.C.
' ' So far, the AG
DUPLICATE Viesca said. lnst
NEWS & FEATURES Top Tickets: ........... 31 OPINION : and informing th,