VanTrust Real Estate LLC, a full-service commercial real estate development company, recently broke ground on a 75-acre Fort Worth Logistics Hub in south Fort Worth consisting of Two Phases. Phase One is a 670,941-square-foot speculative logistics project which will be delivered in July 2021. Phase Two will follow closely behind with is a 606,480 square foot building. Located just off Interstate 35 on Risinger Road and south of Interstate 20, the Logistics Hub provides excellent highway access and visibility.
“South Fort Worth offers an abundance of resources, making the market highly competitive in North Texas,” said Bill Baumgardner, executive vice president at VanTrust and head of the company’s Texas office. “With its great connectivity to major interstates and access to an unmatched labor force, south Fort Worth is one of the area’s most prominent logistic locations.” Dallas-Fort Worth, the largest metro area in the South, continues to be the nation’s premier industrial destination. So far in 2020, nearly 15 million square feet of industrial space was absorbed throughout the region. The South Fort Worth submarket is a key market and continues to grow with over 74 million square feet comprising 9% of the total market. The submarket vacancy rate of 5.2% continues to be one of the lowest in the Metroplex, according to CBRE. Click to read more at www.fortworthbusiness.com.