Dalfen Plans 1M SF Industrial Park in NE Austin

Dalfen Industrial recently acquired 146 acres in Austin. The firm plans to develop a six-building industrial park totaling more than 1 million square feet.

The acreage is positioned in the northeast industrial submarket of Austin, at the site of a former horse racetrack, Manor Downs. The site is 8 miles from downtown Austin and 10 miles from Austin-Bergstrom International Airport with access to I-35, I-183, US-130 and US-290.

“This development is strategically located at the US-130 and US-290 intersection which provides direct access in and out of Austin, with continued population growth and strong demand drivers,” said Tyler McElroy, director of development and construction at Dalfen Industrial.

The area benefits from high demand and low vacancy rates. Other notable area tenants include Amazon, FedEx, Samsung, Home Depot and the new Tesla Giga Texas.

“The purchase of the Manor Downs land provides Dalfen with a prime location in the rapidly growing Austin market,” said Sean Dalfen, president and chief investment officer. “The proximity to downtown, the airport, a large workforce and customer base, and close proximity to major MSA thoroughfares will create high demand for this property.”

Including this project, Dalfen Industrial is in the process of developing 2.2 million square feet of Austin industrial properties.