GTIS Partners, along with Hopewell Development, has announced closing on the development of Champions Circle Business Park, a 361,000-square-foot, class A industrial park located in the Dallas–Fort Worth metro.
The site includes 21 acres of land located in Alliance, Texas, which is a part of the wider Dallas–Fort Worth (DFW) industrial market and the North Fort Worth (NFW) industrial submarket. Alliance is an 18,000-acre master-planned mixed-use community that includes office, industrial, retail, and residential components. Alliance has grown substantially, reaching 45 million square feet of developed space, over $9.7 billion of investment, over 61,600 employees, and is now home to more than 500 companies. Once completed, the project will total 361,000 square feet of class A warehouse space. Located just south of the Texas Motor Speedway, the site has easy access to major interstate highways (I-35W, I-820 and SH-81).
The DFW industrial market has benefited from bot
