One of North Texas’ biggest industrial building homeowners is expanding its footprint with additional design.
Prologis presently owns additional than 200 Dallas-Fort Well worth warehouses with nearly 40 million square toes of place.
The D-FW metro region is just one of the premier marketplaces for the San Francisco-primarily based business home company, which has about 1 billion square ft of industrial actual estate throughout the world.
Prologis is preparing to build four far more warehouses in Arlington to incorporate to its currently substantial North Texas holdings.
The more than 700,000-sq.-foot enterprise park is planned on New York Avenue in the vicinity of Interstate 30 and will price much more than $45 million, according to setting up paperwork filed with the condition.
Prologis programs to start construction on the Arlington task this spring with an early 2023 opening established.
The Arlington venture follows Prologis’ new ideas to establish two warehouses with additional than 1.3 million square ft in the Mountain Creek Business enterprise Park in Southwest Dallas. Prologis also recently added two much more buildings to its holdings in Coppell near Dallas-Fort Value Worldwide Airport.
The D-FW region is the country’s fastest-developing industrial making market with much more than 50 million square feet of construction.