DALLAS – Reno, Nev.-based Dermody Properties Inc. has purchased just over 60 acres at Bonnie View Rd. and Telephone Rd. and plans to start work on a two-phase, 1.1 million-sf industrial hub.
LogistiCenterSM will start off with a 622,440-sf distribution center that could be expanded to 1.1 million sf. The second phase could include a 444,600-sf distribution center.
The facilities are being designed to cater to e-commerce companies, with skylights, abundant auto and trailer parking, and LED lighting systems.
Construction will begin this summer. Completion of the initial phase is expected in early 2017.
CBRE is representing Dermody Properties in leasing the project.
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