GlobeSt.com EXCLUSIVE: 81-Acre Industrial Project Launches

FT. WORTH-Site work has just started on 81 acres in an unincorporated section of Tarrant County that is quickly becoming an industrial hub for small users. The four-building, 64,000-sf Blue Mound Center North will be similar to a 94-acre sister development, Blue Mound 287 Business Center, situated right across the road.

“We’re building smaller product for smaller service-type businesses,” James Maibach, president of Peyco Southwest Realty Inc., tells GlobeSt.com. “There’s not much competition out there.” The strategy targets users who most likely have customers in the immediate region’s larger distribution structures, such as those at Hillwood’s 15,000-acre AllianceTexas.

Key to Blue Mound’s ability to turn out industrial product in quick fashion is the fact that it’s not in any city limits and therefore not subject to lengthy and often times trying municipal processes, Maibach says. Blue Mound Center North’s first phase will deliver in five months.