One of North Texas’ greatest industrial constructing homeowners is growing its footprint with a lot more construction.
Prologis now owns more than 200 Dallas-Fort Well worth warehouses with almost 40 million sq. feet of place.
The D-FW metro place is a single of the major marketplaces for the San Francisco-based business property organization, which has about 1 billion square toes of industrial serious estate all over the world.
Prologis is planning to construct four additional warehouses in Arlington to insert to its currently big North Texas holdings.
The extra than 700,000-sq.-foot enterprise park is planned on New York Avenue in close proximity to Interstate 30 and will price tag extra than $45 million, according to preparing paperwork filed with the point out.
Prologis strategies to start construction on the Arlington venture this spring with an early 2023 opening set.
The Arlington project follows Prologis’ latest ideas to build two warehouses with much more than 1.3 million square ft in the Mountain Creek Company Park in Southwest Dallas. Prologis also lately added two much more buildings to its holdings in Coppell in close proximity to Dallas-Fort Worth Intercontinental Airport.
The D-FW space is the country’s speediest-developing industrial creating market place with more than 50 million square feet of construction.