On the heels of its recent sale of its 657,000-square-foot, Class A industrial development located at the southeast quadrant of Interstate 820 and Interstate 35W in Fort Worth, Hunt Southwest Real Estate Development has closed on three land sites totaling 77 acres at the northwest quadrant of I-820 and I-35W and announcing plans to develop a speculative 1-million-square-foot Class A distribution and fulfillment center.
“Interstate Crossing will be successful for all the reasons our 35/820 @ Mercantile development was so successful, including its infill/last-mile location, proximity to a high concentration of available and high-quality labor, and easy access to I-820 and I-35W. Throw in interstate highway visibility and adjacency that you have with Interstate Crossing, and you have a very rare opportunity that speaks to the needs of distributors and e-commerce retailers to reduce transportation and labor costs in their respective supply chains,” said Hunt Southwest Vice President T. Preston Herold.
Located at 1511 Northeast Loop 820, Interstate Crossing’s features will include a 40-foot clear height, cross-dock configuration, 196 dock-high doors, LED lighting with motion sensors throughout, an ESFR sprinkler system, and additional land for seasonal employee parking, extra trailer parking, or other ancillary uses. Construction on the facility will commence in the next 30 days, with completion slated for late third quarter 2019.
Becky Thompson and Reid Bassinger of Lee & Associates Dallas/Fort Worth brokered the sale of the land to Hunt Southwest, and Becky, Reid, and Trey Fricke will represent Hunt Southwest as the leasing team for Interstate Crossing.