Publications

Transactions - MARCH 11, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

VanTrust to develop spec industrial space in East Dallas

by Released

VanTrust Real Estate will break ground in April on a 621,874-square-foot speculative industrial building in the East Dallas suburb of Forney. Located at the intersection of U.S. Highway 80 and South Gateway Boulevard, the Forney Distribution Center will tap into the industrial market that continues to boom in Kaufman County.

“In the past year, North Texas has emerged as one of the nation’s premier industrial destinations,” said Bill Baumgardner, executive vice president at VanTrust and head of the company’s Texas office. “As the market continues its upward trajectory, Forney and Kaufman County as a whole, are the next frontier for companies looking for developable land and access to a competitive labor force.”

At year end, the Dallas–Fort Worth (DFW) Metroplex continued to see positive industrial absorption, with demand in the area surpassing 23 million square feet. The East Dallas corridor experienced a 1.2 million-square-foot total net absorption during

Forgot your username or password?