U.S. CRE Universe Reaches $27T
Alternative sectors account for $9.9 trillion, or 37%.
IRVING, TX—A $40 million capital raise has been completed for the first phase of the DFW Commerce Center, a 1-million-square-foot class-A industrial development located on Dallas/Fort Worth International Airport (DFW Airport) land. The land is subject to a 40-year ground lease.
Once completed, DFW Commerce Center will comprise four buildings totaling 2.8 million square feet. Phase I’s cross dock distribution and warehouse building will have 40-foot clear heights and 184 dock doors. It will be designed for light to heavy distribution, with significant overflow parking to accommodate e-commerce users.
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Alternative sectors account for $9.9 trillion, or 37%.
The portfolio includes nine assets.
The portfolio covers more than 21,000 units.
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