Home improvement giant Lowe’s plots new shipping hub in Denton

A new Denton distribution center has landed a major tenant.

Home improvement retailer Lowe’s is taking a more than half million square-foot industrial building near Interstate 35 north of Dallas.

The huge shipping center is in the Denton Westpark business park, according to filings with the state.

The almost 650,000-square-foot building was recently completed and owned by Exeter Property Group. It’s one of the largest available blocks of warehouse space in that area.

Lowe’s already has shipping centers in Ennis south of Dallas and in Mt. Vernon in East Texas to supply its dozens of stores in the region.

The new Denton distribution hub is set to open in the first quarter of next year, according to details about the project included in the state filings.

The planned Lowe’s warehouse is the second major deal just landed by Pennsylvania-based Exeter Property.

The investor just leased more than a half million square feet in Far East Dallas to Kansas-based logistics firm Hayes Co.

Dallas-Fort Worth is one of the country’s top industrial building markets, with more than 12 million square feet of net leasing so far in 2020.

The Denton Westpark building is owned by Exeter Property Group.
The Denton Westpark building is owned by Exeter Property Group.(Exeter Property Group )

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