{"id":1004373230,"date":"2019-12-04T06:09:36","date_gmt":"2019-12-04T14:09:36","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004373230"},"modified":"2021-05-15T05:55:32","modified_gmt":"2021-05-15T13:55:32","slug":"black-creek-group-kicks-off-fort-worth-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/","title":{"rendered":"Black Creek Group Kicks Off Fort Worth Project"},"content":{"rendered":"<div id=\"attachment_1004373248\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004373248\" data-attachment-id=\"1004373248\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/carter-logistics-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png\" data-orig-size=\"1440,1080\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Carter Logistics Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Carter Logistics Center. Rendering courtesy of Black Creek Group&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png?w=1024\" loading=\"lazy\" class=\"wp-image-1004373248 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png 1440w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png?resize=1024,768 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004373248\" class=\"wp-caption-text\">Carter Logistics Center. <em>Rendering courtesy of Black Creek Group<\/em><\/p><\/div>\n<p>Black Creek Group has broken ground on Carter Logistics Center, a 569,000-square-foot industrial development in Fort Worth, Texas. Scheduled for completion in the third quarter of 2020, the project will be the newest addition to the company\u2019s 6 million-square-foot portfolio, as of September of this year.<\/p>\n<p>Located at 7200 Oak Grove Road, the development will be situated within Carter Business Park and will be roughly 2 miles south of the interchange of interstates 20 and 35-W. The project will comprise customizable interior build-outs, as well as 32-foot clear heights and 180-foot plus truck courts. The three buildings will range from 88,000 to 250,000 square feet and will be divided into 30,000-square-foot sections in order to accommodate multiple tenants.<\/p>\n<p>According to Black Creek Group Senior Managing Director for the south central region Mace McClatchy, south Fort Worth boasts strong industrial fundamentals and a strong demand for Class A properties. Moreover, according to Yardi Matrix data, the asset is surrounded by almost 14.3 million square feet of industrial space within a 3-mile radius.<\/p>\n<p>In July, Prologis Inc. spent a little less than <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial-property-trust-prologis-to-merge-in-4b-deal\/\">$4 billion to acquire Industrial Property Trust Inc.<\/a>, a Black Creek Group-sponsored investment platform. The merger is set to close in the fourth quarter of 2019, but no later than March 31, 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The three-building industrial development will total 569,000 square feet and will be roughly 2 miles from the interchange of interstates 20 and 35-W.   <\/p>\n","protected":false},"author":748,"featured_media":1004373248,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21782,21748,21742],"tags":[38162],"class_list":["post-1004373230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-development","category-industrial","category-latest","tag-black-creek-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Black Creek Group Kicks Off Fort Worth Project - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Black Creek Group Kicks Off Fort Worth Project\" \/>\n<meta property=\"og:description\" content=\"The three-building industrial development will total 569,000 square feet and will be roughly 2 miles from the interchange of interstates 20 and 35-W.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-04T14:09:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T13:55:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/\",\"name\":\"Black Creek Group Kicks Off Fort Worth Project - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png\",\"datePublished\":\"2019-12-04T14:09:36+00:00\",\"dateModified\":\"2021-05-15T13:55:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1077c2cf363c47bc75d1ab4c42b53bb5\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/black-creek-group-kicks-off-fort-worth-project\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Carter-Logistics-Center-e1575460545811.png\",\"width\":1440,\"height\":1080,\"caption\":\"Carter Logistics Center. 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