Invesco Real Estate JV Breaks Ground on Dallas-Area Industrial Park – What is a Ground Lease?

, Wilmer Home to New 1.5M SF Industrial Project – Robert Khodadadian, Robert Khodadadian

Wilmer Home to New 1.5M SF Industrial Project – Robert Khodadadian

The Dallas/Fort Worth metro area has the country’s fastest-growing industrial building market with more than 50 million square feet of construction underway. Wilmer’s industrial construction growth is at the top of DFW metro area. Wilmer has only 5,000 citizens, but has nearly 20 million square feet of industrial warehouse space. And more is on the way.

Construction has officially kicked off on a new $76 million, two-building industrial development to the south of Dallas. Dallas-based Bandera Ventures has partnered with Invesco Real Estate to build two Class A facilities, with Building 1 spanning 746,420 square feet and Building 2 covering 744,452 square feet, in Wilmer.Located within Southport Logistics Center, the buildings will sit alongside I-45, near the Union Pacific Intermodal yard.  

GSR Andrade Architects has previously been listed as the design firm. A JLL team led by Kurt Griffin has been tapped to lease the property.

Delivery is slated for the third quarter of this year.

The post Wilmer Home to New 1.5M SF Industrial Project appeared first on Connect CRE.

The Dallas/Fort Worth metro area has the country’s fastest-growing industrial building market with more than 50 million square feet of construction underway. Wilmer’s industrial construction growth is at the top of DFW metro area. Wilmer has only 5,000 citizens, but has nearly 20 million square feet of industrial warehouse space. And more is on the
The post Wilmer Home to New 1.5M SF Industrial Project appeared first on Connect CRE.   

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate

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