DFW Brings on Another Mega Facility

The cross-dock distribution facility will have a 32-foot clear height and 520 feet of building depth.

GRAND PRAIRIE, TX—Construction is underway on Oakdale Logistics Center, a 401,577-square-foot warehouse and distribution building, following the 2017 acquisition of the underlying 24-acre parcel by Newport Beach, CA-based CT and its affiliate Dallas-based Port Logistics Realty. The project is in the Great Southwest industrial submarket, one of the largest in the DFW metroplex, with strong demand fundamentals as measured by a 5% vacancy rate in the bulk distribution segment.

“CT and PLR were attracted to the project due to the strong market fundamentals in Grand Prairie and the Great Southwest submarket, which at 107 million square feet is the largest concentration of industrial space in the DFW metroplex,” James “Watty” Watson, managing partner with CT, tells GlobeSt.com. “Much of this stock was delivered in the 1970s and 1980s, however, and is insufficient for the needs of today’s companies.”