• I hired Ward Richmond because I needed a fast-paced individual who specializes in solutions for 3PLs and could deliver a comprehensive solution that maximized site value and enabled me to close the deal. His market intelligence and relentless effort on this project undoubtedly helped us secure the business with this new, Fortune 500 customer.

    BRETT M. MEARS President - Palmer Logistics
  • Ward Richmond understands the 3PL business. We rely on Ward to help solve our customers’ supply chain opportunities and provide them with logistics solutions that fit their needs.

    BRYAN KELLER Chief Executive Officer – Keller Logistics
  • Ward has consistently demonstrated a high level of customer service, a strong work ethic, and comprehensive understanding of transportation & logistics-related real estate.

    ED Brickley Fund Manager, Realterm Logistics
  • Ward and his team have consistently delivered a high level of customer service over the course of several years and hundreds of transactions by working closely with our team in an effort to assist us with developing and implementing creative real estate solutions.

    Frank Mazzone RM, Real Estate, TFI International
  • Positive attitude and customer-centered approach made for a great working relationship.

    Joe Fidalgo MD, N America, Marine Harvest
  • Ward and his team have consistently exceeded our expectations while working closely with our Properties Team to execute our real estate strategies and achieve our stated objectives.

    MAYNARD F. SKARKA COO, Yrc Freight
  • The Colliers team worked quickly and efficiently to leverage their local market relationships to find KW multiple short term, flexible space solutions in an expedient and professional manner.

    DEAN DOKGO Vice President, KW International
  • Ward has acted as our strategic real estate partner for several years having assisted our team during our rapid growth by utilizing strong relationships and unparalleled market knowledge to source off-market opportunities for property expansion needs.

    TAYLOR WHITE CEO, Performance POP

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472K SF Monster Infill Distribution Center Sells

472K SF Monster Infill Distribution Center Sells

January 31, 2019 0 Comments 16 views

Want to get a jump-start on upcoming deals? Meet the major Dallas-Fort Worth players at one of our upcoming events!

A large distribution center near Downtown traded hands, a deal one broker said is “almost like finding a unicorn.”

2020 Singleton Blvd. LLC purchased the 472K SF distribution center at 2020 Singleton Blvd. in Dallas from Keller Logistics. Colliers International Group represented both sides of the sale.

“This is one of the most interesting deals our team has worked on in the last several years,” Colliers International Group Executive Vice President Tom Pearson said in a statement. “It is an anomaly in the area because of its size and its functional layout with outside storage, and its close location to the city center as well as the redevelopment in Trinity Groves. This property posed a terrific investment for our client.”

According to to the Colliers statement, the buyer chose this location because of its exceptional potential as a final-mile hub due to its proximity to Interstate 30, I-35, the Tollway and Downtown Dallas.

“In the age of the Amazon effect and escalating delivery speeds to consumers, final-mile distribution is king,” Colliers International Group Executive Vice President Ward Richmond said. “Finding a 471K SF, rail-served distribution facility within five minutes of Downtown Dallas doesn’t happen often. It’s almost like finding a unicorn.”

Colliers’ Chris Teesdale and Tom Pearson represented the buyer while Ward Richmond, Cole Hooper and Brad Balke represented the seller.

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