Property Type

GRAND PRAIRIE, TEXAS — A joint venture between aircraft manufacturer Airbus Helicopters and French aerospace firm Thales Group will develop and operate a $40 million training facility at Airbus Helicopter’s headquarters in Grand Prairie. The facility will have the capacity to train several thousand pilots and maintenance personnel per year. It will also house the flight simulator for the H160, the latest helicopter model being developed by Airbus. A timetable for construction has not yet been established.

LAREDO, TEXAS — California-based Majestic Realty Co. will develop a 423,280-square-foot warehouse within Port Grande, a 1,992-acre, master-planned business park located in the south Texas city of Laredo. The project represents Phase II of development and follows the delivery of 366,080-square-foot building that still has 200,000 square feet available for lease. The new building will feature 32-foot clear heights, 120 dock-high doors, four ground-level doors, 242 trailer parking spaces and 208 automobile parking spaces. A firm timetable for construction has not yet been established.

FORT WORTH, TEXAS — Hunt Southwest will develop a 300,000-square-foot cold storage facility in southern Fort Worth. The property, which is being built on a speculative basis, will be located within Carter Industrial Park with convenient access to Interstates 35 West and 20. Features of the rail-served building will include 45-foot clear heights, LED lighting, ample automobile and trailer parking and the capacity to accommodate one or two tenants. Hunt Southwest expects to obtain a building permit in approximately two months and deliver the facility within nine months of starting construction.