‘Mohr’ industrial development buy in Denton
DENTON – On the heels of beginning a new industrial development in Grand Prairie, Mohr Capital has bought and begun redeveloping another industrial facility with plans to add another building to the small business park.
The 235,419-sf office, research and development and manufacturing facility already has received a number of upgrades by Mohr Capital, which has begun construction on a new 187,400-sf warehouse and distribution center on the property.
"With the acquisition, expansion and redevelopment of this site, we will be able to meet all our client’s needs and consolidate various operations from Texas, South Carolina and New Hampshire into this facility by the spring of 2016," Chief Investment Officer Gary Horn said.
With this development, the new Grand Prairie project and another new development in Kansas City, Mohr Capital has added nearly 1 million sf of proposed real estate to the firm in third quarter 2015, he said.
Construction is slated for completion in early 2Q 2016.
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