One of North Texas’ most significant industrial building entrepreneurs is increasing its footprint with much more design.
Prologis currently owns extra than 200 Dallas-Fort Well worth warehouses with nearly 40 million sq. ft of area.
The D-FW metro region is a single of the major marketplaces for the San Francisco-primarily based business home company, which has about 1 billion square feet of industrial real estate all over the world.
Prologis is scheduling to build 4 much more warehouses in Arlington to incorporate to its now big North Texas holdings.
The extra than 700,000-sq.-foot company park is planned on New York Avenue close to Interstate 30 and will expense more than $45 million, according to arranging documents filed with the condition.
Prologis plans to get started development on the Arlington project this spring with an early 2023 opening set.
The Arlington project follows Prologis’ new strategies to create two warehouses with more than 1.3 million square ft in the Mountain Creek Small business Park in Southwest Dallas. Prologis also a short while ago additional two extra properties to its holdings in Coppell in the vicinity of Dallas-Fort Well worth Intercontinental Airport.
The D-FW region is the country’s swiftest-increasing industrial developing market place with far more than 50 million square ft of construction.