Hillwood plans to build two more spec warehouses at AllianceHillwood plans to build two more spec warehouses at Alliancehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=59442013-10-23T14:48:00Z2013-10-23T07:00:00Z

FORT WORTH - Following the lease of the 1.2 million-sf Alliance Center North 1, Hillwood Properties plans to build two more speculative buildings totaling 1.3 million sf.

Construction has begun on the adjacent 1 million-sf Alliance Center North 2, also expected to be complete in May 2014. The third building, with 310,000 sf and called Gateway 57 in the Alliance Gateway section of the 17,000-acre development, will be completed in June 2014.

Hillwood last built speculative buildings in 2008.

It is currently constructing a 399,000-sf build-to-suit facility for Carolina Beverage Group, next door to Flextronics, which opened a 450,000-sf factory for Motorola’s Moto X smartphone in the former Nokia factory on Alliance Gateway.

Hillwood also recently competed a 1.1 million-sf distribution center for online retailer Amazon.com in the Haslet section of Alliance, and Walmart has opened a 788,000-sf online fulfillment center at 5300 Westport Pkwy.

The Alliance Center North development will have the capacity for more than 9 million sf of industrial building space when it is built out.

Fort Worth Star-Telegram
Dallas-Fort Worth-Arlington
http://www.star-telegram.com/2013/10/21/5265694/hillwood-plans-to-build-two-more.htmlRead more at {Source}

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