Spec office headed to Las Colinas

LAS COLINAS – A four-story, 300,000-sf speculative office property is being developed in Freeport, a submarket of Las Colinas. Freeport Commons property will be along Interstate 635 at Freeport Parkway, near DFW International Airport.

Capital Commercial Investments is scheduled to break ground later this year. Transwestern will lease the property.

The Freeport submarket has logged at least 374,000 sf of positive absorption to date in 2013, placing it among the top three submarkets in the DFW area, according to Transwestern’s second quarter research. Want more office data? See DFW Market Data Sources.

Source: CoStar Group and the Dallas Business Journal.