A single of North Texas’ greatest industrial developing homeowners is expanding its footprint with extra development.
Prologis by now owns far more than 200 Dallas-Fort Well worth warehouses with just about 40 million square toes of room.
The D-FW metro location is 1 of the most significant marketplaces for the San Francisco-based business residence firm, which has about 1 billion sq. toes of industrial genuine estate all over the world.
Prologis is arranging to build 4 more warehouses in Arlington to incorporate to its by now massive North Texas holdings.
The much more than 700,000-square-foot business enterprise park is planned on New York Avenue in the vicinity of Interstate 30 and will value far more than $45 million, according to scheduling paperwork filed with the condition.
Prologis ideas to start construction on the Arlington undertaking this spring with an early 2023 opening established.
The Arlington undertaking follows Prologis’ current ideas to make two warehouses with additional than 1.3 million square feet in the Mountain Creek Business Park in Southwest Dallas. Prologis also not long ago additional two more properties to its holdings in Coppell near Dallas-Fort Worthy of Intercontinental Airport.
The D-FW area is the country’s fastest-developing industrial building marketplace with a lot more than 50 million square toes of building.