Two Spec Industrial Projects Respond to Hot Demand
Hunt Southwest Real Estate Development recently kicked off two speculative industrial developments in Denton and Forney in response to continued demand for new construction in the Dallas-Fort Worth metro. These represent the ninth and 10th industrial projects Hunt Southwest has developed in the past five years in Texas.
“We remain bullish on the industrial market in DFW. In determining where in the market to invest our capital and build spec industrial facilities, we select pro-business communities with low tax rates, excellent labor, and the highway infrastructure to quickly and efficiently access the DFW population base,” said T. Preston Herold, Hunt Southwest president. “The cities of Denton and Forney check all the boxes in that regard.”
Hunt Southwest has broken ground on I-35 Convergence, a two-building development in Denton’s Westpark Industrial Park on Western Boulevard, just northwest of the I-35E/I-35W split. Leasing brokers for I-35 Convergence are Tom Pearson, Chris Teesdale and Brad Balke with Colliers International.
In Forney, Hunt Southwest is developing Gateway East Trade Center in the Gateway East Industrial Park, a master-planned business park at the intersection of Gateway Boulevard and Highway 80. Leasing brokers for this project include Kurt Griffin, Nathan Orbin and Stuart Smith with Cushman & Wakefield.