Google signed for space at the massive Northlake 35 Logistics Park developed by Falcon Commercial Development and Clarion Partners in Denton County.
DALLAS — This story was originally published by our content partners at the Dallas Business Journal. Read the original version here.
Technology giant Google LLC has backed out of a more than 1-million-square-foot space it leased last year at an industrial park north of Fort Worth.
Google signed for space at the massive Northlake 35 Logistics Park developed by Falcon Commercial Development and Clarion Partners in Denton County to support its data center operations. The lease in the small city of Northlake came as the company outlined plans to invest $1 billion in data centers and cloud center infrastructure in Texas.
Nathan Lawrence, a broker at KBC Advisors who leases the property, told Dallas Business Journal the building is now back on the market and fully built out.
“The space is vacant and available now,” Lawrence wrote in an email. “All I have heard is that there was excess capacity.”
CoStar News reported that California-based Google never moved into the space, adding that the company spent millions of dollars outfitting the space. A May 2024 state filing for the project, under the name “Project Beast,” gave an estimated $20.2 million cost.
Falcon Commercial, Google and Clarion Partners did not respond to request for comment.
Google still has extensive data operations in North Texas. It has a data centers in Midlothian and Red Oak, south of Dallas. The subsidiary of Alphabet Inc. (Nasdaq: GOOGL) also signed a lease in October for a 1.1-million-square-foot of space in west Fort Worth for data and cloud infrastructure support. The facility is within the 520-acre Majestic Silver Creek Business Park, at Silver Creek Road directly west of Loop 820.
Cody Gibbs, director of market analytics for CoStar, told DBJ both buildings are similar from an operational standpoint, with the same amount of docks and 40-foot ceiling heights.
“Even from a geographic perspective, the two sites are around 55 miles from Google’s Red Oak campus,” Gibbs wrote in an email.
The new vacancy at Northlake 35 Logistics Park adds to a glut of vacant million-square-foot spaces in the region. These available spaces now total about 7 million square feet, and all have been constructed in the past three years, Gibbs said. Of the 31.2 million square feet worth of space in this size range delivered since 2022, more than 30% is still on the market, according to the CoStar researcher.
