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The Sale of This Massive Warehouse Adds to Hugely Impressive First Quarter

The Sale of this Massive Warehouse Adds to Hugely Impressive First Quarter
Plus: High-profile Addison shopping center changes hands, an investment firm moves its headquarters to Tower Plaza of the Americas, and more.
Interstate Crossing, a newly constructed, 1,023,488 square foot distribution facility in Fort Worth, has sold. According to CBRE’s U.S. Industrial & Logistics Figures for Q1 2021, the industrial market shows no signs of slowing down. Companies are leasing space at a historically robust pace to accommodate the large increase in e-commerce sales. Nearly 100 million square feet was absorbed in Q1, the third-highest mark on record.
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New business park will be one of the largest in Denton

New business park will be one of the largest in Denton
Pennsylvania-based Exter Property has already built one warehouse near I-35.
Exeter Property Group has already built and leased one warehouse in Denton.(Exeter Property Group )
Denton’s growth as a North Texas shipping and warehousing hub is gaining speed.
Several developers have recently announced plans for new industrial projects in the Interstate 35 corridor north of Dallas.
Now a Pennsylvania-based builder has filed plans for the largest Denton business park yet. Exeter Property Group plans to build the almost 1.5 million-square-foot warehouse project in the Exeter Westpark business park west of I-35. ....

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