TRAMMELL CROW PURCHASES 97 ACRES IN SOUTHERN DALLAS SUBMARKET

DALLAS — Trammell Crow Co., along with partners Clarion Partners and Rosewood Property Co., have acquired a 97-acre site in the Southern Dallas industrial submarket. The project will feature two Class A speculative industrial developments comprising more than 700,000 square feet. The project is expected to be completed in the second quarter of 2015. The site is located at the northwest corner of I-20 and I-45, with direct access to the I-20 frontage road. The first building will total 201,600 square feet, while the second building will span 500,000 square feet. Scott Krikorian, Robert Brandt, Jake Marks and Raymond Kieffer of Trammell Crow will lead the development team. Kacy Jones and John Hendricks of CBRE’s Dallas office will handle leasing.