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VanTrust Breaks Ground on 1M-SF Spec in Southern Dallas
VanTrust Real Estate recently broke ground on a 1,006,880-square-foot speculative industrial building in southern Dallas. Located just south of Interstate 20, DalParc Logistics Center is a part of a planned 200-acre logistics park, anchored by Amazon and L’Oreal, that will serve the growing e-commerce, logistics and manufacturing markets in North Texas.
“Southern Dallas is experiencing tremendous industrial growth as more companies work to transform and reinvest in this part of North Texas,” said Bill Baumgardner, head of VanTrust’s Texas office. “With the vacancy rate decreasing to 7.9%, we believe Southern Dallas is going to be the next industrial hotspot that can accommodate our customer’s need for speed-to-market delivery as consumer behavior changes.”
Nathan Lawrence and Krista Raymond of CBRE will be leasing the project. The project contractor is MYCON General Contractors, the architect is Alliance Architects and the civil engineer is Kimley-Horn. A July 2021 completion is slated.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
