Samsung Adds to Texas Footprint with Ft. Worth Logistics Hub
Electronics giant Samsung is adding to its significant presence in Texas, by building a massive new shipping center in South Fort Worth. With Austin the site of a $10 billion chip-making plant already underway, the South Korean company is taking over all 670,941 square feet of the new Fort Worth Logistics Hub Building 1 near Interstate 345W and Risinger Road.
The large sales building is part of a 75-acre commercial park being developed by VanTrust Real Estate.
The real estate company, which has several projects in North Texas, completed the camp just south of Interstate 20 last year.
VanTrust Real Estate is already constructing another 607,074-square-foot building at the Fort Worth Logistics Hub, which will open early next year.
North Texas is the nation’s fastest growing industrial market with more than 70 million square feet of buildings under construction.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!