Industrial Park 20/360 'specs' 1.25 million SF in ArlingtonIndustrial Park 20/360 'specs' 1.25 million SF in Arlingtonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=125302016-03-22T05:00:00Z2016-03-22T20:30:00Z

​​ARLINGTON - Transwestern Development Co.'s industrial development arm, Ridge Development, plans to break ground on the initial phase of its speculative 1.6 million-sf industrial park.

The 119-acre industrial park, called Park 20/360, will sit at the northwest corner of I-20 and SH 360 in the Great Southwest Industrial submarket, which has 23 percent of the current construction pipeline in North Texas.

Dallas-Fort Worth's vacancy rate for industrial real estate is 6.2 percent, with speculative construction making up 81 percent of the construction pipeline, according to JLL research.

The initial phase of Park 20/360 will include four buildings totaling nearly 1.25 million sf of space. 

Construction is slated for completion in early 2017.

The next phase includes four buildings totaling 356,060 sf of industrial space with a delivery expected in 2018.
Dallas Business Journal
Dallas-Fort Worth-Arlington

​Need stats? See Dallas-Fort Worth Market Research​ for industrial and more!

Read more at the {Source}

 Search NewsTalk Texas