“It really was market driven,” Collins said.
He said NorthPoint “is still bullish on the Dayton market.”
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The identity of the building’s occupant has not been publicly confirmed until now. A real estate report in July reported that a consumer products company had finalized a lease at 2700 Concorde, but at the time, the company was unnamed.
The company signed a lease for more than 348,000 square feet of bulk warehouse space at that address in the second quarter of the year, near the established Spectrum Brands distribution center at 2800 Concorde, just north of U.S. 40 and west of the airport, according to a quarterly real estate report from Colliers International released in July.
A message seeking additional comment was sent to a representative of Arden Hills, Minn.-based Land O’Lakes. A message was also left for Brent Miles, vice president of economic development for NorthPoint Development, the Riverside, Mo.-based developer of both 2700 and 2800 Concorde. Messages were also sent to city of Dayton and airport representatives.
NorthPoint has been especially active in the area near the airport.
The developer built a 570,000-square-foot, 325-employee facility for Spectrum Brands, which opened that operation in early 2017. The building is at the northwest corner of West National Road and Terminal Drive.
Land O’Lakes/Purina occupies at least part of the second building.
NorthPoint began construction on a third building in April, and that building will offer more than 433,000 square feet. The site is near the intersection of Dog Leg Road and Union Airpark Boulevard.
And according to Dayton officials, there has been talk even of building a fourth building on spec, without a committed end user immediately identified.