Holt Lunsford Commercial Investments secured construction financing for the development of Denton Point III, IV and V, a to-be-built class A industrial park located in Denton, Texas.
JLL worked on behalf of the borrower to secure a five-year loan from First United Bank.
Totaling 451,856 square feet, the three industrial buildings will feature rear-load configurations, 28-foot to 32-foot clear heights, 114 total dock doors, bay depths ranging from 160 feet to 280 feet, ample parking and brand-new public road infrastructure surrounding the development.
The development site is situated within the Denton industrial submarket, one of the most in-demand submarkets in the Dallas-Fort Worth metroplex. Upon completion, the properties will be conveniently located 1.8 miles from the convergence of Interstate 35E and I-35W, providing direct trucking routes to both Dallas and Fort Worth. Additionally, the development’s proximity to Highway 380 rounds off its excellent acce
