One particular of North Texas’ most important industrial setting up house owners is increasing its footprint with a lot more development.
Prologis previously owns additional than 200 Dallas-Fort Well worth warehouses with almost 40 million square toes of space.
The D-FW metro region is one particular of the major marketplaces for the San Francisco-dependent commercial property agency, which has about 1 billion square ft of industrial real estate worldwide.
Prologis is preparing to construct 4 more warehouses in Arlington to add to its currently huge North Texas holdings.
The much more than 700,000-sq.-foot company park is prepared on New York Avenue around Interstate 30 and will cost a lot more than $45 million, in accordance to setting up documents filed with the point out.
Prologis ideas to commence construction on the Arlington project this spring with an early 2023 opening established.
The Arlington job follows Prologis’ new ideas to create two warehouses with more than 1.3 million sq. toes in the Mountain Creek Company Park in Southwest Dallas. Prologis also not long ago additional two far more buildings to its holdings in Coppell in close proximity to Dallas-Fort Truly worth Global Airport.
The D-FW place is the country’s speediest-developing industrial developing market with additional than 50 million square feet of development.