{"id":1004590974,"date":"2022-07-12T03:14:01","date_gmt":"2022-07-12T11:14:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004590974"},"modified":"2022-12-08T15:27:58","modified_gmt":"2022-12-08T23:27:58","slug":"hillwood-lands-493-ksf-tenant-in-dfw","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hillwood-lands-493-ksf-tenant-in-dfw\/","title":{"rendered":"Hillwood Lands 493 KSF Tenant in DFW"},"content":{"rendered":"
\"\"<\/a>

Dallas skyline. Image courtesy of David Mark via Pixabay.com<\/p><\/div>\n

Hillwood <\/strong>has secured a full-building tenant for Alliance Center North 9, an industrial warehouse totaling 493,920 square feet underway in Fort Worth, Texas. Carolina Beverage Group <\/strong>opted to expand within AllianceTexas and establish a new distribution center to support its production and warehouse facilities at Alliance Gateway 18 and Alliance Gateway 57, which are less than 5 miles away.<\/p>\n

Notable tenants within the industrial park include Amazon, Walmart, FedEx and LG Electronics, among others. As of May, the industrial vacancy rate across Dallas-Fort Worth remained unchanged month-over-month, clocking in at 4.0 percent, 70 basis points below the national rate, CommercialEdge data shows.<\/p>\n

\n

READ ALSO:<\/strong> Top Markets for Industrial Development in the Southwest<\/a><\/p>\n

\n

Alliance Center North 9 features 36-foot clear heights, 60-foot loading bays, a 135-foot as well as two 185-foot truck courts. Located on more than 28 acres at 15250 N. Beach St., the property is within 2 miles of Interstate 35W, 3 miles from Fort Worth Alliance Airport and 7 miles from BNSF Railway\u2019s Alliance Intermodal Facility.<\/p>\n

In March, M2G Ventures signed a 376,782-square-foot lease<\/a> for two of its buildings within the Alliance corridor. The tenant agreed to occupy buildings 1 and 2 at North Quarter 35 in north Fort Worth.<\/p>\n

Expanding AllianceTexas<\/h2>\n

The developer announced plans for the tri-load facility and the adjacent Alliance Center North 8 last October. In December, Hillwood secured a three-year, $29.6 million construction loan originated by Southside Bank<\/strong> to develop Alliance Center North 9, CommercialEdge data shows. Hillwood expects to deliver the two buildings this fall.<\/p>\n

The two underway structures are part of the 665-acre Alliance Center North, an industrial segment part of the 27,000-acre mixed-use hub known as AllianceTexas. Alliance Center North will have 7 million square feet at full buildout, with facilities ranging from 162,500 to more than 1 million square feet.<\/p>\n

The Metroplex continues to be a very active industrial market. In June, Stream Realty Partners broke ground on 20 East<\/a>, an industrial project encompassing 3.4 million square feet in Mesquite, Texas. Meanwhile, Jackson-Shaw started construction on Chisholm 20<\/a>, a business park totaling 917,374 square feet in Benbrook, Texas. The four-building complex is anticipated to come online in 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"

Amazon, Walmart, FedEx and LG Electronics are also tenants of the industrial park.<\/p>\n","protected":false},"author":1763,"featured_media":1004527204,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1586,21748,21742],"tags":[51611,32897],"class_list":["post-1004590974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-dallas","category-industrial","category-latest","tag-alliancetexas","tag-hillwood"],"acf":[],"yoast_head":"\nHillwood Lands 493 KSF Tenant in DFW - CPE<\/title>\n<meta name=\"description\" content=\"Hillwood inked a full-building lease with Carolina Beverage Group at Alliance Center North 9, an industrial development in Fort Worth, Texas.\" \/>\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\/hillwood-lands-493-ksf-tenant-in-dfw\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hillwood Lands 493 KSF Tenant in DFW\" \/>\n<meta property=\"og:description\" content=\"Hillwood inked a full-building lease with Carolina Beverage Group at Alliance Center North 9, an industrial development in Fort Worth, Texas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hillwood-lands-493-ksf-tenant-in-dfw\/\" \/>\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=\"2022-07-12T11:14:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T23:27:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Dallas-skyline_David-Mark_via-Pixabay-e1618829989905-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\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\/hillwood-lands-493-ksf-tenant-in-dfw\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hillwood-lands-493-ksf-tenant-in-dfw\/\",\"name\":\"Hillwood Lands 493 KSF Tenant in DFW - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hillwood-lands-493-ksf-tenant-in-dfw\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hillwood-lands-493-ksf-tenant-in-dfw\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Dallas-skyline_David-Mark_via-Pixabay-e1618829989905-1.jpg\",\"datePublished\":\"2022-07-12T11:14:01+00:00\",\"dateModified\":\"2022-12-08T23:27:58+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/bd1ef74130b86a7c6013eaa04b08b28d\"},\"description\":\"Hillwood inked a full-building lease with Carolina Beverage Group at Alliance Center North 9, an industrial development in Fort Worth, Texas.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hillwood-lands-493-ksf-tenant-in-dfw\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/hillwood-lands-493-ksf-tenant-in-dfw\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hillwood-lands-493-ksf-tenant-in-dfw\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Dallas-skyline_David-Mark_via-Pixabay-e1618829989905-1.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Dallas-skyline_David-Mark_via-Pixabay-e1618829989905-1.jpg\",\"width\":800,\"height\":600,\"caption\":\"Dallas skyline. 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