FORT WORTH - LG Electronics USA Inc. has signed a lease for 1.2 million sf of distribution space in a yet-to-be developed building in Hillwood’s AllianceTexas development.
LG Electronics is no stranger to AllianceTexas. The electronics company also has a 65,000-sf cell phone repair business within the 18,000-acre master-planned development.
The building Alliance Center North 1 will be completed in May 2014. The site is at the northeast corner of I-35W and Eagle Pkwy.
In addition to the 1.2 million-sf building, Hillwood plans to develop two additional speculative buildings totaling 1.3 million sf. Once built-out, Alliance Center North will have the capacity of 9 million sf of space.
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