Construction Starts on One Million Square Foot Mesquite Industrial Park
MESQUITE, TEXAS — A joint venture between Urban Logistics Realty and a private real estate equity fund advised by Crow Holdings Capital is expected to generate more than 500 jobs in Mesquite.
The newly formed Dallas-based investment firm focused on industrial acquisitions and development broke ground on the $71 million business park at the northeast intersection of I-30 and I-635.
Anticipated to be completed by the third quarter of this year, Urban District 30 will consist of a five-building, 980,000 square-foot industrial business park.
“We’re thrilled to have begun construction on this project and are grateful for the help from the city of Mesquite,” said Jason Nunley, co-founder of Urban Logistics Realty. “As one of the last remaining opportunities in East Dallas for investors to obtain urban in-fill locations with substantial scale, Urban District 30 is a great addition to the DFW industrial market.”