Black Creek Group has acquired 165 acres for the development of I-20 Logistics Park in Dallas. Upon completion, the two-building class A industrial park will total 2 million square feet. The development will be completed in two phases and is the largest project the firm has embarked on to date.
Eric Hawk, partner of Archway Properties, the co-developer in this transaction, spent approximately two years assembling 42 individual parcels with 18 different property owners, creating one of the largest and most desirable sites along the I-20 Corridor.
“We’ve been working with Archway Properties on this transaction for several months and are excited to co-develop this state-of-the-art industrial project. The Dallas market has become one of the hottest industrial markets, as demand for quality space remains very compelling,” said Mace McClatchy, senior vice president and market officer for the South Central Region of Black Creek Group. “Given these strong fundamentals
