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DALLAS-Principal Financial Group and Holt Lunsford Commercialhave started dirt work on the new gateway retail component of a300-acre industrial park in southwest Dallas. The 87-acre gatewayfronting Interstate 30 calls for 650,000 sf of new light-industrialproduct on its rear tracts.

The behind-the-scenes plan for the past five years has been tolevel the playing field so the five-million-sf TurnpikeDistribution Center, of which Principal owns 2.8 million sf, couldstay competitive with its neighbor Pinnacle Park, developed in themid-1990s with direct interstate access. "We were a very easyfeeding ground for tenants to move out of Turnpike to PinnaclePark," John Gorman with Dallas-based Holt Lunsford tellsGlobeSt.com. "We are no longer a feeding ground."