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DFW Developers Take Cautious Tact with Mega-Projects

DALLAS-Texas developers seemingly retreat from mega-industrial projects. It's a temporary hiatus for the million sf-plus projects, says a Dallas-Ft. Worth developer. Less risk and easier leasing for 250,000-sf to 600,000-sf buildings spark the downsizing.

By Connie Gore | Updated on October 22, 2001

DALLAS-Texas industrial developers are on a weight-loss diet as big box spec construction tightens its belt, particularly in the state’s northern tier.

“Things will come back,” Al Sorrels, industrial partner in Dallas for Sacramento-based Panattoni Development, tells GlobeSt.com. But for now, less is better when it comes to building and leasing in what is historically a premier US distribution hub.

A five-year trend for mega-box construction has subsided, with buildings now hovering in the 250,000-sf to 600,000-sf range. Several projects of that size are under way in the region. What once was considered large, “today, nobody really thinks about it,” says Sorrels.

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