Transactions - JULY 13, 2020

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Clarion Partners and Crow Holdings partnership to develop 7msf industrial project

by Andrea Zander

Clarion Partners and Crow Holdings Capital, in partnership with Rob Riner Cos., have acquired 556 acres in South Forth Worth to develop a state-of-the-art industrial and logistics park totaling approximately 7 million square feet.

“Across the country, we continue to experience resilient demand for industrial space, particularly in high-growth Dallas–Fort Worth,” said Matt Colter, managing director of industrial at Crow Holdings, which will partner with Rob Riner Cos. as the primary developers.

The master-planned park, named Cater Park East, will be developed in multiple phases. The estimated delivery date for the first phase of speculative development is summer 2021.

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