Strong Demand For Industrial In South Fort Worth Inspires More Spec Development

Planned industrial development at Joel East and Oak Grove roads in South Fort Worth
Courtesy of Crow Holdings Capital-Real Estate
Planned Industrial Development At Joel East And Oak Grove Roads In South Fort Worth

Crow Holdings Capital-Real Estate, in partnership with Rob Riner Cos., is preparing to start work on a four-building industrial development in the South Fort Worth submarket.

The buildings will represent the second phase of an existing industrial property, in response to strong demand, according to the developers.

“We're bullish on the DFW industrial market, especially South Fort Worth," CHC-RE Head of Industrial and Self-Storage Investment Strategies Ben Doherty said. "We’ve had success delivering functional logistics product in this submarket and the tenant demand is robust."

At Joel East and Oak Grove roads, the second phase will include a 394K SF cross-dock facility, a 294K SF cross-dock facility and two 187K SF front-load facilities.

The first phase of the development totaled 488K SF in two cross-dock facilities and leased up within six months.

The development plan also calls for the expansion of Joel East and Oak Grove roads and further improving trucking access to interstates 35W and 20.

Construction of the four new facilities will begin in Q1. Holt Lunsford Commercial’s Matt Carthey and Thomas Grafton will oversee marketing the space.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

Clarion Hires Prologis Executive To Lead Power Strategy

Garland, Texas, Invests In Arts And Culture To Drive Its Next Wave Of Growth

Logistics Company Buys Land For 1.2M SF Phoenix Industrial Park

Hines Spends $170.5M On Mixed-Use Portfolio In Dallas' Bishop Arts District

DHS Buys 3 More Detention Facilities From The Geo Group For $950M

RN3 Enters Dutch Logistics Market With DHL Sale-Leaseback Deal

Amazon, LA Olympics Organizer Take Over 39-Acre Site Formerly Home To Forever 21

Test Valley Renews HQ Lease At Flex Project Near DFW Airport: The DFW Deal Sheet

Delin Secures €227M Loan To Refinance Dutch Logistics Fund

Structural Design Decisions Can Box Owners In. The Right Partner Can Help Them Make More Informed Decisions

Fort Worth Offers Incentives To Land Nearly $200M Harting Connectivity Plant

Arlington 'Ripe For Development' As It Carves Out DFW Identity