FORT WORTH – A partnership between Clarion Partners, Crow Holdings Capital, and Rob Riner Cos. has acquired 556 acres at the southeast corner of Oak Grove and Joel East Roads.
The site will be home to Carter Park East, a seven million-sf industrial park. It will have both speculative and built-to-suit structures accommodating tenants needing up to 1.8 million sf.
Stream Realty Partners is handling leasing.
Construction begins this month. The first speculative buildings will deliver in summer 2021.
The Real Estate Center has more on DFW’s industrial market:
Source: REBusiness Online