Developer Builds Varying Sizes to Meet Needs Range

Creme says transportation accounts for over half of the total logistics costs for distribution users today.

FORT WORTH—Part of a strategy to facilitate growth by building inventory in a variety of sizes to meet a wide range of customer needs, by Hillwood Properties is constructing more than 1.75 million square feet of speculative industrial space at AllianceTexas . The space is comprised of two industrial buildings in Alliance Westport and a third facility located in Alliance Center North. Alliance Texas is an 18,000-acre master-planned, mixed-use development. Tony Creme , vice president of Hillwood Properties, tells GlobeSt.com, “Located at the front door of the BNSF Alliance Intermodal Facility and on Interstate 35W, the location of these class-A facilities will provide significant transportation cost savings. Customers will also benefit from the workforce recruitment and training services offered by the Alliance Opportunity Center.” Alliance Westport 18 and 19 are located at the highly visible intersection of FM 156 and Intermodal Parkway. The larger of the two spec buildings, Westport 18, will be 800,000 square feet, with the ability to expand to 1.3 million square feet, while Westport 19 will total 360,000 square feet. Alliance Center North 15 will be 588,000 square feet, and is located at the interchange of Interstate 35W and Eagle Parkway. All three facilities will offer 360-degree, on-site truck circulation and access to adjacent land for additional car and/or trailer parking expansion opportunities. Construction is slated for completion during the second quarter of 2016. “Hillwood Properties believes in the fundamentals of the North Texas industrial market, especially at AllianceTexas, where each of these new class-A facilities will offer our customers direct access to the transportation and logistics infrastructure available at the Alliance Global Logistics Hub,” said Creme. “Transportation accounts for over half of the total logistics costs for distribution users today, and the locations of these three buildings  will provide cost savings through minimized container drayage and direct highway access.”