Industrial

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.  

PLANO, TEXAS — Atlanta-based Core5 Industrial Partners will develop Core5 Business Center at Plano, a 259,882-square-foot industrial facility situated on 22.9 acres in Plano. The project will deliver two buildings totaling 164,842 square feet that will feature 24- to 26-foot ceiling heights and parking for 383 cars. Core5 is reserving a third building totaling 95,040 square feet for a build-to-suit opportunity. Citadel Partners will handle the project’s leasing assignment.