Trammell Crow and Prudential team up for big I-20 distribution complex
Trammell Crow Co. and Prudential Real Estate Investors are building an 823,379 sq ft industrial project on Beckleymeade Avenue at Interstate 20 in southern Dallas.
It is the largest speculative warehouse under construction in the Dallas area.
The area is seeing record demand in this area for new distribution space by some of the country’s largest corporations needing bulk warehouse space over 500,000 square feet.
More than 4 million square feet of warehouse space is currently under construction along I-20 in southern Dallas. Most of it, however, is already spoken for by major companies including Quaker Oats, BMW, Ace Hardware and Cummins Inc.
Crow has already built two other industrial buildings in this area, one leased to Home Depot.
The 47-acre project will be called Trammell Crow Penn Distribution Center, and is expected to come online in May 2014.
Source: Dallas Morning News, Oct 17, 2013.
Note: Links may break over time.