Mega Distribution Center Grabs Industrial User Attention

Construction is to start in summer 2016 and is expected to be complete in early 2017.

DALLAS—A 60.2-acre site at Bonnie View and Telephone Roads will be home to a two-phase, 1.1-million-square-foot industrial development, known as LogistiCenter at Dallas, according to Dermody Properties, which recently acquired the land. Phase one includes a 622,440-square-foot distribution center that is expandable to more than 1.1 million square feet. Phase two will be a 444,600-square-foot distribution center.

“We are pleased to have acquired this excellent site and look forward to developing these best-in-class facilities in Dallas,” said Patrick Gallagher, partner, Dermody Properties southwest region office. “Dallas is a highly desirable market, and the south Dallas submarket is one of the fastest growing markets in the metroplex. We will continue to seek out opportunities to expand the Dermody Properties portfolio in the region through acquisitions of existing buildings and new development.”