DALLAS – California-based CT Realty has purchased 18.4 acres in the South Stemmons submarket for the development of a $40 million industrial project.
Called Stadium Logistics Center, the 329,402-sf project is along US 183 just west of I-35. It will have 36-ft clear heights and a front-park/rear-load configuration.
Avison represented the seller, NCH Corp., in the land deal. JLL represented CT Realty and will market the project for lease.
Pross Design Group is the architect and Talley Riggins Construction Group is the general contractor. California Bank & Trust provided construction financing.
Work starts this month. The project will deliver in September 2021.
The Real Estate Center has more on DFW’s industrial market: