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1.4M-sf P&G distribution center under new ownership1.4M-sf P&G distribution center under new ownershiphttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=237212020-01-16T06:00:00Z2020-01-22T19:00:00Z

​​​​​The Procter & Gamble distribution center, front, and the Whirlpool shipping hub, behindWILMER – A unit of John Hancock Life Insurance Co. has acquired the 1.4-million-sf Procter & Gamble distribution center at 101 Mars Rd. near I-45.

Built in 2014, the hub is home to more than 500 workers for the consumer products firm.

Valued at more than $63 million, the building was developed by a partnership of Panattoni Development Co. and the California State Teachers Retirement System.​​​

Cushman & Wakefield brokered the sale. 

Texas logoThe Real Estate Center has more on DFW's industrial market:

Source: Dallas Morning News​
Dallas Morning News
Dallas-Fort Worth-Arlington
Industrial
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