Texas logistics parks growing: intermodal rail a strong factor
August 22nd, 2020
August 4, 2020 - GlobeSt.com -
On the heels of another speculative project underway in El Paso, VanTrust Real Estate LLC recently broke ground on a 1 million-square-foot speculative industrial building in southern Dallas. Located south of Interstate 20, DalParc Logistics Center is 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, executive vice president at VanTrust and head of the company’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 customers’ needs for speed-to-market delivery as consumer behavior changes.”
Read more: https://www.globest.com/2020/08/04/texas-cant-get-enough-logistics-space/
On the heels of another speculative project underway in El Paso, VanTrust Real Estate LLC recently broke ground on a 1 million-square-foot speculative industrial building in southern Dallas. Located south of Interstate 20, DalParc Logistics Center is 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, executive vice president at VanTrust and head of the company’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 customers’ needs for speed-to-market delivery as consumer behavior changes.”
Read more: https://www.globest.com/2020/08/04/texas-cant-get-enough-logistics-space/