{"id":1004562757,"date":"2022-01-05T04:06:42","date_gmt":"2022-01-05T12:06:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004562757"},"modified":"2022-12-08T14:08:23","modified_gmt":"2022-12-08T22:08:23","slug":"urban-logistics-to-develop-dfw-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/urban-logistics-to-develop-dfw-project\/","title":{"rendered":"Urban Logistics to Develop DFW Project"},"content":{"rendered":"<div id=\"attachment_1004562759\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Urban-District-35-e1641382270579.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004562759\" data-attachment-id=\"1004562759\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/urban-logistics-to-develop-dfw-project\/urban-district-35\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Urban-District-35-e1641382270579.png\" data-orig-size=\"512,385\" 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=\"Urban District 35. Image courtesy of Holt Lunsford Commercial\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Urban District 35. Image courtesy of Holt Lunsford Commercial &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Urban-District-35-e1641382270579.png?w=512\" class=\"wp-image-1004562759 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Urban-District-35-e1641382270579.png?w=300\" alt=\"\" width=\"300\" height=\"226\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Urban-District-35-e1641382270579.png 512w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Urban-District-35-e1641382270579.png?resize=300,226 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004562759\" class=\"wp-caption-text\">Urban District 35. Image courtesy of Holt Lunsford Commercial<\/p><\/div>\n<p>Urban Logistics Realty will breathe new life into the historic, century-old Acme Brick Co. factory site in Denton, Texas. The parcel of vacant land will be home to Urban District 35, a four-building complex totaling 440,663 square feet of Class A industrial space.<\/p>\n<p>Stretching between Interstate 35 and the brick plant, the master planned industrial park will feature 28- to 32-foot clear heights, 60-foot speed bays along with generous car and trailer parking. The plant was originally developed by Denton Pressed Brick Co. in 1901 and was purchased more than a decade later by Acme Brick Co.<\/p>\n<p>Urban District 35 is expected to be delivered during this year\u2019s last quarter. Urban Logistics Realty has selected Holt Lunsford Commercial to market the property after its completion.<\/p>\n<p>The development is roughly 5 miles west of Denton Enterprise Airport, some 26 miles north of Dallas-Fort Worth International Airport and within 35 miles of Dallas Love Field Airport. Urban District 35 is almost equidistantly, roughly 38 miles away, from downtown Dallas and downtown Fort Worth.<\/p>\n<p>Urban Logistics Realty is focused on acquisition and development within the Dallas-Fort Worth, Houston, Austin and Phoenix markets. Last January, the company <a href=\"https:\/\/www.commercialsearch.com\/news\/urban-logistics-breaks-ground-on-1-msf-dallas-project\/\">broke ground on a nearly 1 million-square-foot industrial complex<\/a> in Mesquite, Texas. A few months later, KKR acquired the five-building Urban District 30 and financed that purchase with a $82.8 financing package originated by Invesco Real Estate, according to CommercialEdge data.<\/p>\n<h2>Metro Dallas leads industrial development<\/h2>\n<p>In 2021 through November, 294 million square feet of industrial space was delivered in the U.S., with an additional 555 million square feet underway, according to CommercialEdge data. Dallas-Fort Worth had 37.6 million square feet industrial space under construction, representing 4.6 percent of the total stock, as of November 2021. That put Dallas&#8217; pipeline in the lead nationwide.<\/p>\n<p>The booming industrial sector continued to attract investors to the Metroplex. Last August, <a href=\"https:\/\/www.commercialsearch.com\/news\/why-velocis-chose-dallas-for-its-industrial-debut\/\">Velocis chose Dallas as its industrial entry point<\/a> and recently Transwestern Development Co. <a href=\"https:\/\/www.commercialsearch.com\/news\/transwestern-breaks-ground-on-2-msf-of-dfw-spec-industrial\/\">broke ground on two speculative industrial projects<\/a> totaling nearly 2 million square feet.<\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 440,000-square-foot development is slated to come online by year-end.<\/p>\n","protected":false},"author":1763,"featured_media":1004562759,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21782,21808,21748,21742],"tags":[33882,32883,42641,33083],"class_list":["post-1004562757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-development","category-featured","category-industrial","category-latest","tag-invesco-real-estate","tag-kkr","tag-transwestern-development-co","tag-velocis"],"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>Urban Logistics to Develop DFW 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\/urban-logistics-to-develop-dfw-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Urban Logistics to Develop DFW Project\" \/>\n<meta property=\"og:description\" content=\"The 440,000-square-foot development is slated to come online by year-end.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/urban-logistics-to-develop-dfw-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=\"2022-01-05T12:06:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T22:08:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Urban-District-35-e1641382270579.png\" \/>\n\t<meta property=\"og:image:width\" content=\"512\" \/>\n\t<meta property=\"og:image:height\" content=\"385\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Agota Felhazi\" \/>\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\/urban-logistics-to-develop-dfw-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/urban-logistics-to-develop-dfw-project\/\",\"name\":\"Urban Logistics to Develop DFW Project - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/urban-logistics-to-develop-dfw-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/urban-logistics-to-develop-dfw-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Urban-District-35-e1641382270579.png\",\"datePublished\":\"2022-01-05T12:06:42+00:00\",\"dateModified\":\"2022-12-08T22:08:23+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/bd1ef74130b86a7c6013eaa04b08b28d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/urban-logistics-to-develop-dfw-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/urban-logistics-to-develop-dfw-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/urban-logistics-to-develop-dfw-project\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Urban-District-35-e1641382270579.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Urban-District-35-e1641382270579.png\",\"width\":512,\"height\":385,\"caption\":\"Urban District 35. 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