FLOWER MOUND, TX - Nature's Best has added 154,000 square feet to its long-term commitment at 101 Enterprise Drive in Flower Mound, announced commercial real estate services firm Cushman & Wakefield. The health and natural food products wholesale-distributor now occupies the entire, 462,000-square-foot Metroplex building.
Mark Collins, Dean Collins and Kirk Collins, based in Cushman & Wakefield'soffice, along with Jeff Chiate, Rick Ellison and Cheryl Ballentine of the firm's Orange County, Calif., office represented Nature's Best in the recent expansion as well as its initial, 308,000-square-foot lease at the property. Toby Rogers and Bates Arnot of Hillwood Properties represented Clarion Partners, the landlord.
"This expansion comes just two years after Nature's Best opened its LEED Gold-certified distribution center at 101 Enterprise Drive," Mark Collins noted. "The company continues to experience significant growth, and this strategic move positions it comfortably there for the long term."
Nature's Best is the largest privately owned wholesaler-distributor of natural and organic food products in the United States, according to the company's website. It services retail stores in the country's south, west and central regions, as well as Hawaii, Alaska and Asia. Nature's Best clients include Sprouts Farmers Market, among others. Headquartered in Brea, Calif., the company maintains a second distribution center in Chino, Calif.
Collins noted that the Flower Mound location originally was selected for its proximity to major interstate arteries and Dallas/Fort Worth International Airport, as well as an aggressive incentive package offered by the city. Nature's Best invested $3 million at the property to create a sustainable, state-of-the-art operation; it opened in mid-2011.
Cushman & Wakefield's industrialplatform provides global resources and local expertise for tenant and landlord representation, disposition and acquisition services, transaction management, and industrial consulting including labor and demographic analysis. In 2012, in the U.S. alone, this group completed more than 7,000 industrial real estate transactions - totaling 261 million square feet - with an aggregate value in excess of $8.43 billion.