A Dallas-based developer, CLX Ventures, is ramping up construction with three new industrial buildings near DFW International Airport.
Commercial property firm Cushman & Wakefield will lease the DFW Commerce Center Buildings, which will have space for up to 2 million square feet of businesses.
The new buildings will join an almost 1 million-square-foot building the developer constructed at 2601 S. Airfield Drive in Irving. That building was leased to Amazon and sold in late 2020.
The three new buildings are under construction and will open later this year.
“We are extremely excited to kick off Phase II at DFW Commerce Center,” Cushman & Wakefield’s Nathan Orbin said in a statement. “The park is located in the middle of the Metroplex and offers access to DFW Airport, multiple freeways and a solid labor base.”
Orbin and Kurt Griffin are marketing the new business park to tenants.
The project joins more than 50 million square feet of warehouse space being built in North Texas.
“The D-FW Metroplex leads the country in the supply of and demand for new industrial distribution space,” said Griffin. “Based on our initial interest and elevated level of activity, we anticipate these projects will be well received by the market.”
CLX Ventures was formed in 2019 by Dallas businessmen Brad Copeland and Tony Long.
The developer is also building a 354,000-square-foot industrial building in Southern Dallas County on Duncanville Road near Interstate 20.
The D-FW area is the country’s top industrial building market, with e-commerce and consumer products firm leasing millions of square feet of warehouse and distribution space.