Colony business park in the works by Blackstone firm

Live Oak Logistics Park is north of S.H. 121 in the Colony.One of the country’s’ largest industrial real estate companies is working on a project in the Colony. Link Logistics Real Estate is constructing the two-building business park off Main Street, north of State Highway 121.

The project, called Live Oak Logistics Park, will total more than 530,000 square feet, according to planning documents filed with the street, and it’s expected to cost more than $33 million. Dallas’ GSR Andrade Architects designed the industrial park, which is scheduled to open late this year. Link Logistics Real Estate is owned by New York-based investor Blackstone. The company bills itself as “the leading operator of the largest portfolio of logistics real estate located exclusively in the U.S.”In the third quarter of last year, Link Logistics had 30 million square feet of industrial space under development that was valued at $5.6 billion.The Dallas-Fort Worth area is the country’s top industrial building market with more than 50 million square feet of development in the works.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Billionaire Ken Griffin's Citadel Securities Valued At $22 Billion After $1.2 Billion Investment From Sequoia, Crypto VC ParadigmCitadel Securities CEO Peng Zhao said the investment puts the firm 'in an even stronger position' to help scale the business and broaden into new markets
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »

Keep your business your business with the best VPNLooking for the best VPN for all your activities? Check out our reviews to find the perfect service that’ll protect you & your info online.
Источник: PopSci - 🏆 298. / 63 Прочитайте больше »