Frisco Trade Center. Image courtesy of JLL
Dalfen Industrial has broken ground on Frisco Trade Center, a project that includes three industrial buildings totaling 575,000 square feet in Frisco, Texas. The facilities are slated for completion in the fourth quarter of this year.
The company acquired the 71.9-acre site for the development in November 2021. CommercialEdge data shows that the project is subject to a construction loan provided by First National Bank of Omaha last year.
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Upon completion, Building 1 is set to feature 262,354 square feet. The rear-load facility will feature 36-foot clear heights, a 185-feet truck court, 51 dock-high doors and two drive-in doors. The other two buildings will each span 159,451 square feet, with rear-load facilities, 32-foot clear heights, a 185-feet truck court, 36 dock-high doors and drive-in doors. The park is set to provide on-site trailer parking and and 672 parking spaces.
Managing Directors Kurt Griffin and Nathan Orbin, alongside Senior Associate Dalton Knipe with JLL are handling leasing efforts for the upcoming properties on behalf of Dalfen Industrial.
Frisco Trade Center is taking shape at FM 423 & Rockhill Parkway, 35 miles north from downtown Dallas, less than 3 miles east of the Dallas North Tollway and close to State Route 75. The development site is near the new PGA of America headquarters.
As of April, Dallas-Fort Worth was second only to Phoenix (57.1 million square feet) for industrial development, with 56.4 million square feet underway, the latest CommercialEdge report shows. The Metroplex led the country for industrial deliveries, with more than 17.6 million square feet added to the inventory in the first four months of 2023.
Dalfen’s recent ventures
Dalfen Industrial owns nine other industrial properties in the Dallas-Fort Worth area, accounting for 3.1 million square feet combined, the same data provider shows. In recent months, the company expanded its portfolio with a 183,792-square-foot facility in West Jordan, Utah, and joined forces with Centerbridge Partners to acquire industrial outdoor storage assets throughout the entire country.
