Hunt Realty Investments forms build-to-suit joint venture with Prologis for industrial park in Terrell

Hunt Realty Investments forms build-to-suit joint venture with Prologis for industrial park in Terrell

Hunt Realty Investments formed a build-to-suit joint venture with Prologis at Terrell 20 Business Park, Hunt Realty’s industrial park in Terrell, Texas, about 30 miles east of Dallas. In addition to being a long-term member of the North Texas business community, Prologis brings its global platform and logistics real estate development expertise to the partnership. The fully entitled logistics campus on 780 acres can support up to 11.5 million square feet of total development, including buildings up to 1.9 million square feet. With access to transportation, labor and consumers, the park is ideal for companies looking to establish large-scale logistics operations in the Dallas-Fort Worth market or expand their presence in the North Texas region. Terrell 20 Business Park is at the heart of a growing logistics and distribution corridor that has seen recent activity from major corporations such as Amazon, Walmart and AutoZone. The park is centrally located with immediate access to regional and national transportation networks and major freight hubs, including Interstate 20 and Union Pacific’s Dallas Intermodal Terminal, allowing companies to reach 99% of the continental U.S. population in three days or less. Additionally, the partnership between Hunt Realty and Prologis will further the area’s visibility among site selectors, brokers, industry leaders and other businesses, expanding opportunities for additional economic development.