FORT WORTH – Hopewell Development LP and GTIS Partners LP have acquired 21 acres for the development of Champions Circle Business Park.
The three-building, Class A development will total 361,040 sf. One building will be 196,560 sf while the other two will be 82,240 sf each.
Champions Circle will be in the Alliance Submarket off SH 114.
JLL arranged the joint venture partnership between Hopewell and GTIS. Lee & Associates represented Hopewell and will handle leasing.
The Texas Real Estate Research Center has more on DFW’s industrial market:
Source: Lee & Associates