One of North Texas’ largest industrial building proprietors is growing its footprint with a lot more development.
Prologis previously owns far more than 200 Dallas-Fort Value warehouses with just about 40 million sq. toes of house.
The D-FW metro area is a single of the largest markets for the San Francisco-based mostly industrial residence company, which has about 1 billion square toes of industrial authentic estate all over the world.
Prologis is setting up to make 4 extra warehouses in Arlington to add to its currently massive North Texas holdings.
The a lot more than 700,000-square-foot enterprise park is planned on New York Avenue in the vicinity of Interstate 30 and will price a lot more than $45 million, according to organizing files filed with the condition.
Prologis strategies to get started design on the Arlington task this spring with an early 2023 opening set.
The Arlington task follows Prologis’ current ideas to develop two warehouses with a lot more than 1.3 million square feet in the Mountain Creek Enterprise Park in Southwest Dallas. Prologis also a short while ago additional two a lot more structures to its holdings in Coppell in the vicinity of Dallas-Fort Worthy of International Airport.
The D-FW location is the country’s speediest-growing industrial making current market with additional than 50 million square toes of building.