#WarehouseWednesday: Carhartt Eyes Subsidy from Fort Worth

The City of Fort Worth is considering up to $2 million in tax abatements for workwear manufacturer Carhartt. The 134-year-old company, whose utilitarian overalls and jackets became a fashion trend a decade ago and is now showing up in places like British GQ, is considering Cowtown for a 1.2 million-square-foot distribution center, the Dallas Business Journal reported. The family owned Michigan-based company would invest about $80 million in the proposed center, at 16101 Wolff Crossing.

Here’s what else is up in Texas Industrial Real Estate this week.

Careismatic Brands, the world’s largest manufacturer of medical apparel, plans to consolidate seven of its warehouses in the United States to one location in Dallas, the Dallas Business Journal reported. The California-based company leased the entirety of the I-20 Logistics Park, which spans more than 1 million square feet, at 35550 LBJ Freeway in far southeast Dallas.
Aquila Commercial plans to build six shell warehouses spanning about 224,000 square feet in Georgetown, north of Austin, for an estimated cost of $19 million, according to a filing with the Texas Department of Licensing and Regulation. The cost is about $85 per square foot. The Austin-based company expects to start construction as soon as April 15, according to the filing.
Greystar is adding three buildings to its planned Pilot Knob warehouse project at 9201 FM 812, near Austin-Bergstrom International Airport. Spanning 135,000 to 226,000 square feet, the three will cost an estimated $8.7 million each to build, according to a TDLR filing. That’s about $63 per square foot. The Austin-based firm previously filed plans to start construction on five other warehouses at Pilot Knob, costing more than $43 million, in April.
Stream Realty Partners has completed construction on the Raceway Northwest Distribution Center, 156,000-square-foot spec warehouse in northwest Houston, according to a news release. The facility has frontage along Fairbanks North Houston Road and immediate access to the Sam Houston Tollway, State Highway 249, and U.S. Highway 290, the release states.
A mystery buyer recently scooped up a 300,000-square-foot cold-storage facility in San Antonio from Cold Creek Solutions, the San Antonio Business Journal reported. The Dallas-based firm developed the facility and recently finished construction.
Hayes Company, a logistics and fulfillment company based in Kansas, recently leased more than 900,000 square feet of space in Forney, a suburb about 25 miles east of Dallas, the Dallas Business Journal reported. The lease is at Forney Logistics Crossing, 11333 County Road 212.