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Busy developers delivered more new warehouse in Dallas-Fort Worth than ever in 2017. A record 26.8 million square feet of new industrial building space hit the market in North Texas last year, according to a new report from commercial property firm CBRE.
Southern Dallas County isn’t yesterday’s news; it’s today’s—and tomorrow’s. The market fundamentals are some of the healthiest in the country and the differentiators when it comes to location and population access have major staying power.
Trammell Crow Co. has completed a 201,172-SF facility within the I-30 Business Park for Freeman Audio Visual, a Canadian electronics solutions firm. The facility consists of 43,000 SF of office space and 158,172 SF of warehouse and storage space.
Courtland Development will build two more industrial buildings in its Mountain Creek Business Park in southwest Dallas. The two small industrial buildings on Merrifield Road north of Interstate 20 will contain about 155,000 square feet of space.
Dallas-based Erect-A-Line Inc., manufacturer of concrete curbs and paving accessories, is tripling its footprint in South Dallas by relocating to a new facility in Oak Cliff. It has leased about 115,000 SF of industrial space at 3912 W. Illinois Ave.
National automotive retailer Discount Tire's new regional distribution center in Far South Dallas will open in early 2019. It is breaking ground this month on the 700,000-square-foot warehouse on an almost 53-acre site on Bonnie View Rd. south of I-20.
One of the country's largest commercial developers is taking aim at Dallas' booming industrial market. Houston-based Hines, which has built everything here from office towers to Dallas' Galleria mall, is planning a huge warehouse in Far South Dallas.
Dallas-based food service distributor Taxco Produce Inc. plans to expand and relocate its downtown Dallas corporate office and operations near the Dallas Farmers Market into a bigger building at 4202 Dan Morton Drive next year.
Chewy.com, the e-commerce pet retailer, has opened a fulfillment center in southern Dallas. Currently there are 360 employees working here but the company is ramping up its hiring efforts to get to a total of 700.
National automotive retailer Discount Tire will build a new warehouse on Bonnie View Rd. in southern Dallas. The warehouse will be completed in 2018 and add to the Int'l Inland Port of Dallas area and its mix of manufacturing and distribution facilities.
A previously vacant 137,000 sq. ft. office building on the edge of downtown Dallas has been repurposed as a multi-tenant data center. 2020 Live Oak St. takes advantage of the CBD's double-redundant electric grid.
Real estate firm CBRE has ranked the Dallas area #2 for data center projects in 2016, with a 25% increase leading to a total of 208 megawatts. Nearly a dozen major projects are expected for delivery in 2017.