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Commercial Real Estate

CTDI Leases 700,000 SF in North Fort Worth

Transwestern Investment Group secures full-building tenant, three months after acquiring the asset.
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CTDI, a global engineering, repair and logistics company,  has signed a big lease in the Alliance submarket of North Fort Worth. The company will fully occupy a 705,955-square-foot industrial building at 1753 Chaplin Drive. The property was acquired about three months ago by Transwestern Investment Group.

CBRE’s Nathan Lawrence  and Krista Raymond represented TIG in the deal. Richard Yeh, managing director at TIG, said he and his team were pleased with the quick lease-up.

“In addition to the building’s location and size, CTDI was attracted to the speed with which it could move in and become operational,” he said. “It was a very efficient and collaborative lease negotiation process that took less than six weeks from start to finish.”

CTDI has more than 90 locations worldwide; this is the company’s fourth in Texas.

 

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