Invesco Real Estate and Perot Development Co. have launched construction on the first phase of DFW Park 161, located in the east end of Dallas-Fort Worth International Airport.
“With DFW Park 161, one of North Texas’ few remaining centrally located infill sites for a major global e-commerce hub, we will further build on Perot Development’s legacy of creating state-of-the-art logistics centers that directly support the region’s prime economic engine, DFW International Airport,” said Pat Perot, Perot Development CEO. “We expect the project to see strong demand due to the need for logistics facilities that can amply serve North Texas’ dynamic population growth and robust international trade sector.”
Phase one of the 196-acre logistics development will consist of Logistic Centers 9, 10 and 11, speculative projects, totaling more than 1 million square feet. The next phase will be a build-to-suit e-commerce hub, Logistics Center 8, potentially exceeding 1.4 m
