DALLAS--KTR Capital Partners (KTR) hasannounced that an affiliate closed on the acquisition of 96 acresof industrial land located in DeSoto, just south of Dallas.

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The site can accommodate up to 1.6 million square feet ofdevelopment in a single building or multiple configurations,offering flexibility. Once completed, the development will featuremodern amenities including 36-foot clearance height, cross-dockconfiguration, truck staging lanes, 200-foot truck courts and anabundance of excess trailer storage.

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“The location of this piece of land near the I-20/I-35intersection was immediately attractive to us,” MaceMcClatchy, vice president of investments at KTR, toldGlobeSt.com. “The site boasts great ingress and egress to thefreeway system and is surrounded by a deep labor pool and amenitybase that is very important to users in the market. Additionally,the size and configuration make it an extremely flexible piece ofland that can accommodate various building sizes, circulationroutes and excessive trailer parking needs we see as emergingtrends in more and more build-to-suit requirements. Thepro-business attitude at the city of DeSoto also makesthis a very appealing location for today's sophisticateduser. “

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KTR's development and construction teams began make-ready sitework in October, improving access to Polk Street, which borders thelength of the site on the west. Upon completion of thisdevelopment, the company's current footprint in Texas will be over5.5 million square feet. In addition to this project, KTR'sdevelopment and construction teams currently have nearly 7 millionsquare feet of projects under way across the country, consisting ofboth speculative and build-to-suit development, with an additional4 million square feet of development capacity on entitled landholdings.

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