Panattoni-Hillwood Sets Groundbreaking for 930,000-SF Build-to-Suit Projects, Spec Space

Dallas’ premier development team, Panattoni-Hillwood, Thursday will break ground on a 930,000-sf, 112-acre industrial development parceled from acreage owned by Ross Perot Sr. since the mid-1980s in Mesquite.

Skyline Business Park will launch with the usual fanfare associated for such an undertaking, marking the largest and most significant industrial development for the suburb situated southeast of Dallas and home to televised rodeos. The mid-morning kickoff will include city officials, Panattoni-Hillwood leaders and build-to-suit tenants, Shippers Warehouse and Icon Health & Fitness, each being outfitted for 400,000-sf structures. The project also includes 130,000-sf of spec space. At full build out, the park will encompass 1.7 million sf. With this project, Mesquite is getting 2.5 million sf of new industrial space.

Panattoni-Hillwood, a joint venture that includes Ross Perot Jr., bought the acreage in 1998 from Ross Perot Sr., who still owns 65 acres adjacent to the proposed Skyline Business Park. “Most likely we’ll continue to develop out the park and buy from him as we need it,” Panattoni-Hillwood principal Tal Hicks told GlobeSt.com. The park is situated on the west side of Town East Blvd. about one mile south of Texas 80.