WAXAHACHIE – Wynne/Jackson and ProspectHill Group has acquired 575 acres for a master-planned distribution and manufacturing project.
Called South Grove, the project will have multiple buildings of more than one million sf each.
Infrastructure work begins in April or early May. Phase one will include the construction of Marshall Rd. to connect the property to I-35E.
First United Bank and Trust is providing construction financing. ROU Realty brokered the land sale. Stream Realty Partners will handle marketing.
The Texas Real Estate Research Center has more on DFW’s industrial market:
Source: Dallas Morning News