A developer specializing in high-end industrial properties is set to build a 238,300 square-foot speculative office-warehouse facility in Fort Worth.
Dallas-based Falcon Commercial Development will spend a little over $14 million on the project, located east of the Intersection of I.H. 820 & U.S. 287, and plans to complete the Oak Creek Distribution Center by September 2023.
The site plan includes space for a truck port, tree preservation, and 200 parking spaces, and will be Falcon’s second distribution center under construction in the Dallas-Fort Worth area. The first is the 320,760 square-foot Saginaw Distribution Center, which will also be completed by the third quarter of 2023.
The Dallas-Fort Worth metro is the most active area in the country for industrial construction. DFW and Houston together account for more than 20 percent of the industrial square footage under construction nationwide.
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