DALLAS-After months of keeping the market in suspension, Trammell Crow Co. is finally airing details for the newest spec industrial project in southern Dallas County. The 887,810-sf cross-dock is the second building for the 100-acre I-20 Distribution Center.

TCC’s managing director Scott Krikorian, who’s heading up the project, wasn’t available for an interview before deadline. Word has been on the street all year that TCC was contemplating a groundbreaking on its land, but Krikorian wouldn’t discuss the pending project. The new building will neighbor TCC’s 531,211-sf distribution center at 2301 Beckleymeade Ave., which was delivered in first quarter 2007 and leased to Atlanta-based Home Depot Inc.

Based on today’s average construction costs, the 55-acre project is a $44.3-million undertaking if TCC didn’t lock in some pricing cushion when it built the first phase. According to Dallas County tax records, the Home Depot-occupied structure is owned by US Industrial REIT II, a joint venture between TCC and San Antonio-based USAA Real Estate Co.

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