{"id":1004548100,"date":"2021-01-27T07:09:00","date_gmt":"2021-01-27T15:09:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004548100"},"modified":"2022-12-08T12:27:04","modified_gmt":"2022-12-08T20:27:04","slug":"gtis-partners-hopewell-to-develop-361-ksf-industrial-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/gtis-partners-hopewell-to-develop-361-ksf-industrial-facility\/","title":{"rendered":"GTIS Partners, Hopewell to Develop 361 KSF Industrial Facility"},"content":{"rendered":"
\"\"<\/a>

Image courtesy of Marcin Jozwiak via Pixabay.com<\/p><\/div>\n

GTIS Partners has teamed up with Hopewell Development LP to build Champions Circle Business Park, a\u00a0361,000-<\/span>square-foot, Class A industrial facility in the North Fort Worth submarket of the Metroplex. The 21-acre project is set to include three buildings.<\/p>\n

\n

READ ALSO<\/strong>: NAI Partners to Manage 1.5 MSF Texas Industrial Asset<\/a><\/p>\n

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The development is part of AllianceTexas, an 18,000-acre master-planned, mixed-use community featuring office, industrial, retail and residential components. Alliance currently hosts more than 500 companies.<\/p>\n

Located just off Interstate 35W, the site is within 20 miles of downtown Fort Worth. The development is adjacent to the Alliance Airport.<\/p>\n

Hopewell, a Canadian development company with more than 25 years of experience in North American real estate, entered the U.S. market in 2010. GTIS Partners is based in New York City and has developed 5.4 million\u00a0<\/span>square feet of industrial space in the Americas. The company has also invested in the Metroplex residential market.<\/p>\n

Dallas-Fort Worth has reinforced its position as a major logistics hub, benefiting from its high-quality infrastructure and location. According to GTIS, the market currently ranks as the fifth-largest in the nation by total inventory.<\/p>\n

On a local level, the North Fort Worth submarket continues to attract new industrial development. According to a recent Newmark report, the region had more than 4 million square feet of industrial space under construction in the fourth quarter of last year. In December, JLL\u00a0purchased a newly built, 350,000-square-foot industrial property<\/a> in the submarket. The facility is within 5 miles of the Champions Circle project.<\/p>\n","protected":false},"excerpt":{"rendered":"

The project is part of an 18,000-acre master-planned community in Fort Worth, Texas.<\/p>\n","protected":false},"author":868,"featured_media":1004548101,"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":[46712,50999],"class_list":["post-1004548100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-development","category-industrial","category-latest","tag-gtis-partners","tag-newmark"],"acf":[],"yoast_head":"\nGTIS Partners, Hopewell to Develop 361 KSF Industrial Facility - 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\/gtis-partners-hopewell-to-develop-361-ksf-industrial-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GTIS Partners, Hopewell to Develop 361 KSF Industrial Facility\" \/>\n<meta property=\"og:description\" content=\"The project is part of an 18,000-acre master-planned community in Fort Worth, Texas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/gtis-partners-hopewell-to-develop-361-ksf-industrial-facility\/\" \/>\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=\"2021-01-27T15:09:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T20:27:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Image-courtesy-of-Marcin-Jozwiak-via-Pixabay.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\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\/gtis-partners-hopewell-to-develop-361-ksf-industrial-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/gtis-partners-hopewell-to-develop-361-ksf-industrial-facility\/\",\"name\":\"GTIS Partners, Hopewell to Develop 361 KSF Industrial Facility - 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