Lancaster Ridge Logistics Center 2.5M SF heads to 164 acresLancaster Ridge Logistics Center 2.5M SF heads to 164 acreshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=3542015-07-16T13:17:00Z2015-07-16T07:58:00Z

LANCASTER - Van Trust Real Estate struck a deal with Ridge Development, the industrial development arm of Transwestern Development Co., and Prudential Financial to acquire 164 acres at the Ridge Logistics Center in South Dallas.

The site — located at the northeast corner of Dallas Ave. and Telephone Rd. — is approved for the construction of approximately 2.5 million sf of industrial space.

Van Trust Real Estate intends to begin construction shortly on two big-box speculative bulk industrial facilities to total more than 1 million sf.

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CoStar Group
Dallas-Fort Worth-Arlington
http://www.costar.com/News/Article/Van-Trust-Real-Estate-Buys-164-Acres-in-South-Dallas/173393Read more at {Source}

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