1 of North Texas’ largest industrial building proprietors is increasing its footprint with far more building.
Prologis already owns additional than 200 Dallas-Fort Value warehouses with pretty much 40 million sq. toes of house.
The D-FW metro spot is 1 of the major markets for the San Francisco-primarily based professional residence organization, which has about 1 billion square toes of industrial serious estate all over the world.
Prologis is organizing to develop 4 additional warehouses in Arlington to include to its previously enormous North Texas holdings.
The much more than 700,000-sq.-foot company park is planned on New York Avenue around Interstate 30 and will price far more than $45 million, in accordance to setting up paperwork filed with the state.
Prologis ideas to start construction on the Arlington job this spring with an early 2023 opening set.
The Arlington undertaking follows Prologis’ recent strategies to build two warehouses with additional than 1.3 million sq. feet in the Mountain Creek Business Park in Southwest Dallas. Prologis also just lately extra two much more buildings to its holdings in Coppell close to Dallas-Fort Worth Worldwide Airport.
The D-FW spot is the country’s fastest-growing industrial making market place with much more than 50 million sq. toes of development.