News Article | 8/28/2007

Hillwood starts work on Flower Mound buildings

Hillwood said Tuesday it has begun construction on two buildings in Lakeside Trade Center in Flower Mound.

The 333,372-square-foot Lakeside Trade Center 4 building and the 456,950-square-foot Lakeside Trade Center 5 are expected to be completed in December.

The 137-acre Lakeside Trade Center, just north of the intersection of Lakeside Parkway and Enterprise Drive, already has three buildings totaling 1.4 million square feet. The buildings are 100-percent leased. Best Buy, Maytag, Stacy Furniture and Excel Logistics are among the nine companies housed in the development. Combined, those companies employ about 400 workers.

“Lakeside Trade Center has proven to be one of the top locations for distribution centers in North Texas,” said Dan Tatsch, senior vice president of Hillwood Investment Properties, in a statement.