CT Realty has acquired a prime 18.46-acre infill site in Texas where the company will develop Stadium Logistics Center, a 329,402-square-foot industrial building slated to break ground later this month.
CT purchased the site from long-term owner NCH Corp.
The $40 million project will meet the surging demand for supply chain distribution space amid spiking ecommerce sales growth. The development represents CT’s longstanding nationwide industrial logistics investment and development strategy, including an emphasis on the Dallas–Fort Worth metro area.
“CT made an enormous commitment to the greater DFW market almost 10 years ago, and we couldn’t be more pleased with our positioning in one of the largest industrial/logistics markets in the U.S. with over 850 million square feet of standing inventory,” said Rob Huthnance, the CT partner responsible for Midwest and East Coast development and operations. “This is an outstanding property next to the former st
