DALLAS--Construction has begun on the 349,580-square-foot DFW Airport North Distribution Center II, an industrial development consisting of two buildings located on Lakeside Parkway in Flower Mound.

The developer, Denver-based Huntington Industrial Partners, acquired the 24.05-acre site in a joint venture with Artemis Real Estate Partners, a Washington, D.C., metropolitan area-based real estate investment manager. Transwestern principals John Fulton and Brett Owens will lease the project, which is scheduled for completion in August 2015.

“The unique feature of this two-building complex is that the cross-dock building offers a substantial number of trailer parking positions considering its size, coupled with the ability to secure the building separately,” Fulton told GlobeSt.com.

“I am excited for the opportunity to develop two state-of-the-art facilities in the north airport submarket of Dallas,” Steve Meyer, Huntington's Dallas partner, said in a statement. “These buildings are strategically located so that they can capitalize on the changing logistic trends in the industrial markets.”

The project consists of a 185,000-square-foot, rear–load, dock-high building and a 164,000-square-foot, cross-dock building. The property will also feature up to 85 trailer storage spaces.

“As e-commerce and consumer spending continue to thrive, we expect the high level of demand for industrial space in the Dallas-Fort Worth area to continue,” says Fulton. “We are confident the high-quality, flexible space available at DFW Airport North Distribution Center II and the strategic location of the North Airport submarket will drive leasing.”

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