Irving, Texas — National real estate developer Jackson-Shaw, in partnership with Clarion Partners, will develop Parc GSW, the Class A Core industrial park, located in Irving, Texas. Adding to Jackson-Shaw’s Urban Industrial portfolio, the 50-acre, 682,491-square-foot development will offer industrial space within one of DFW’s premier submarkets, the Great Southwest Industrial District (GSW). The two-building development is designed to cater to a wide variety of users ranging in size from 100,000 to 682,491 square feet. The industrial park is slated for completion in the fourth quarter of 2016.
Parc GSW is located minutes away from one of the world’s 10 busiest passenger and commercial airports, DFW International Airport. The prime location gives tenants immediate access to major freeways, including Hwy 161, and visibility with 2,000 feet of frontage with unobstructed views. The location also offers an advantage to companies transacting business throughout the region and abroad.
“The 7,000-acre GSW offers more than 82 million square feet of industrial space, most of which was built three decades ago, and continuing to age,” said Jason Nunley, vice president of development for Jackson-Shaw. “Opportunities for development are limited in GSW, and we believe this is an appropriate time to develop an industrial park between two major urban areas.”
Brett Owens, John Brewer and Ben Phillips with Transwestern will lease the property to industrial users.
“We’re honored to be selected to market this project on behalf of Jackson-Shaw and Clarion Partners,” said Brett Owens, principal and managing director, Transwestern. “The location of the park is outstanding and the buildings are designed to meet the needs of today’s users. Our team looks forward to leasing this industrial space.”
Building A is 450,800 square feet offering 36-foot clear heights, 255 parking spaces, 96 dock-high doors, 185-foot truck court, two drive-in doors, ESFR sprinkler system and cross dock configuration. Building B offers a total of 232,500 square feet with 32-foot clear heights, 109 parking spaces, 38 dock-high doors, 2 drive-in doors, ESFR sprinkler system and front-load configuration.
Jackson-Shaw, a national real estate development company headquartered in Dallas has more than 40 years of experience developing diversified real estate properties that meet the needs of its clients and partners. The company has completed more than 42 million square feet of development since its founding and develops a variety of project types, including office, industrial, mixed-use and hospitality. Jackson-Shaw’s consistent goal is to increase and enhance values in real property assets for its clients and capital partners. Jackson-Shaw has offices in Dallas; Jacksonville, Florida; and Lanham, Maryland. For more information, call 800-351-SHAW (7429) or visit www.jacksonshaw.com.
About Clarion Partners
Clarion Partners, an SEC registered investment adviser and FINRA member firm, has been a leading U.S. real estate investment manager for 32 years. Headquartered in New York, the firm has offices in major markets throughout the U.S., in São Paulo, Brazil and London, England, as well as a presence in Mexico. With more than $40 billion in total assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its more than 200 domestic and international institutional investors. The Firm’s industrial footprint is comprised of more than 116 million square feet across 43 markets across the U.S., Mexico and Brazil. More information about the firm is available at www.clarionpartners.com.