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CapRock Partners Opens Dallas Office
Industrial real estate investor, developer and asset manager CapRock Partners has opened its first location in Dallas. CapRock is actively pursuing value-add industrial real estate investment opportunities as well as land sites for large-scale logistics development in targeted locations throughout Texas.
The office will be led by CapRock’s Co-Founder and President, Jon Pharris. Pharris will maintain his current title and role at CapRock, where he runs the company’s day-to-day operations. Since its founding, CapRock has acquired, entitled, developed, or has in its pipeline nearly 30 million square feet. The firm plans to be under construction on approximately 10 million square feet in the next twelve months.
“The Dallas/Fort Worth Metroplex is a vital North American logistics hub and CapRock is excited to officially establish a presence here,” said Pharris. “Our executive leadership has deep roots in Texas, and we are mindful of the state’s unique culture and values, which are built into the foundation of our firm. As we integrate into the DFW industrial real estate market, CapRock is looking to build a robust local team to execute on our development and investment strategies.”
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