(Read more on the industrial market.)

WILMER, TX-Jones Development Co., marking its fourth project inthe state, is ready to roll out its largest, a 520,000-sf specindustrial building. The undertaking is the opening act for the327-acre Sunridge Business Park, which has a front-row seat toUnion Pacific Railway's intermodal yard in Dallas County's southernsector.

The Kansas City, MO-based Jones Development, with backing fromthe Industrial Works Investment Fund, has been looking to breakinto the market for some time, says Roger Pavlovich, vice presidentand project executive for Dallas-based Cadence McShane Corp. Hetells GlobeSt.com that that 30.5-acre inroad is the first spec, butcertainly won't be the last for the developer's Dallasbreak-through. Sunridge, being developed by Cornell-Rader of FortWorth, is mapped out for eight industrial buildings with nearly 4.4million sf.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.