19 Sep Connect Media: CRE – Texas Commercial Real Estate News
September 18, 2020
CT Realty has acquired a prime 18.46-acre infill site in Dallas, where the company will develop Stadium Logistics Center, a 329,402-square-foot industrial building slated to break ground later this month. The $40-million project will address surging demand for supply chain distribution space amid spiking e-commerce growth.
“CT made an enormous commitment to the greater DFW market almost 10 years ago and we couldn’t be more pleased with our positioning in one of the largest industrial/logistics markets in the U.S. with over 850 million square feet of standing inventory,” said CT Realty partner Rob Huthnance.
He called the site “an outstanding property next to the former storied Texas Stadium and fronting Highway 183 with a six-mile run to downtown Dallas. This is an incredible ‘last-mile’ location that is strategically centered in the DFW Metroplex.”
The site offers 470 feet of frontage on Highway 183 in the established South Stemmons industrial submarket.
For comments, questions or concerns, please contact Paul Bubny
acquisition development industrial land
CT Realty Acquires Dallas Infill for Logistics Project