First Industrial to Develop 345,280 SF Project in Lewisville, Texas
LEWISVILLE, TEXAS — Chicago-based First Industrial Realty Trust Inc. (NYSE: FR) will develop First Park 121, a 345,280-square-foot warehouse/distribution project that will be situated on an 84-acre site in Lewisville, located northwest of Dallas. The groundbreaking of Phase I, which will deliver two rear-load facilities, is scheduled to occur this month. Both buildings will feature 32-foot clear heights, more than 160 auto stalls and ESFR sprinkler systems. Alliance Architects is providing architectural services for the project and Arch-Con Construction is serving as general contractor. Lee & Associates will handle leasing of the property. Completion of Phase I is slated for the second quarter of 2019.