Gruene Real Estate Partners and Weber & Co. have plans to develop a three-building industrial park with 1.4 million square feet in Denton County, Texas, which is north of Fort Worth.
“With its formation, the Weber-Gruene joint venture will operate as one cohesive unit,” said Ken Kristofek, owner and president of Gruene Real Estate Partners. “We will function seamlessly, bringing together a diverse set of capabilities to the development process, and enhance an already rich history of service and quality in Dallas-Fort Worth.”
Construction will start this summer with a completion set for next July.
The 50-acre Denton County project is just the first of multiple industrial projects the Weber-Gruene partnership plans to build.
The Dallas–Fort Worth area is one of the top industrial building markets in the country, with more than 23 million square feet of warehouse and distribution projects under construction at midyear, reported Dallas Ne
