Texas CRE News In Your Inbox.

Sign up for Connect Daily to stay informed and save time. Connect Daily is our email publication that provides you with the latest and most relevant CRE stories of the day all in 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Dallas-Fort Worth  + Industrial  | 

Hillwood Set to Build the Largest Spec Industrial in its History

Hillwood, developer of the 27,000-acre master-planned mixed-use AllianceTexas development in Fort Worth, will build the largest speculative industrial building in its history, totaling 1.2 million square feet. Addressing the increased demand for space in AllianceTexas from some of the industry’s largest logistics and e-commerce users, Alliance Center East 1 will offer 1.24 million square feet located directly on Interstate 35W. This class-A facility will break ground in July 2021, with expected completion in second quarter 2022.

Alliance Center East 1 offers 40-foot minimum clear height, 620-foot building depth, 60-foot loading bays, on-site truck queuing and two 190-foot truck courts with land to expand to a third. Spec tenant improvements will be constructed with the shell building, allowing a customer to immediately occupy and operate within the building upon construction completion.

“Over the last 18 months, Hillwood leased over 8 million square feet of industrial space within AllianceTexas, validating the significance of the development’s multi-modal logistics amenities, flexible real estate platform and the depth of the existing workforce available within the region. We have seen an unprecedented acceleration in broad demand from customers that are retooling their global logistics networks, including e-commerce operations with next-day and same-day delivery requirements,” said Reid Goetz, senior vice president of Hillwood.

Alliance Center East 1 will benefit from AllianceTexas’ transportation infrastructure platform, which includes the AllianceTexas Mobility Innovation Zone, Fort Worth Alliance Airport and BNSF Railway’s Alliance Intermodal Facility. The building is in close proximity to e-commerce network amenities: Alliance FedEx Ground Hub, two UPS Ground Sort Hubs, the FedEx Express Southwest Regional Air Hub and Amazon Air Regional Hub.

Alliance Center East includes more than 100 acres, with two future development sites totaling an additional 410,000 square feet. Alliance Center East 1 is being designed by RGA Architects and financed by Frost Bank. Peloton Land Solutions provided the building’s civil engineering design and Hillwood Construction Services will serve as the general contractor for the project.

Connect

Inside The Story

connect with AllianceTexas

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Development
New call-to-action