--- title: Is Everything Really Bigger in Texas? description: Is Everything Really Bigger in Texas? image: https://blog.sior.com/hubfs/7.2.13%20Texas.jpg --- - [Who We Are](https://www.sior.com/whoweare) - [Chapters](https://www.sior.com/chapter) - [Partners & Supporters](https://www.sior.com/partners) - [SIOR Foundation](https://foundation.sior.com/) - [Contact](https://www.sior.com/contact-us) - [MySIOR](https://my.sior.com/home) - [Search](Javascript:void(0);) - [Find an SIOR](https://sior.com//find-an-sior) - [Become an SIOR](https://sior.com//become-an-sior/become) - [Education & Insights](https://sior.com//education-and-insights) - [Events](https://sior.com//conferences) - [Transactions & Data](https://sior.com//transactions) - [Current Members](https://sior.com//current-members) - [Who We Are](https://www.sior.com/whoweare) - [Chapters](https://www.sior.com/chapter) - [Partners & Supporters](https://www.sior.com/partners) - [SIOR Foundation](https://foundation.sior.com/) - [Contact](https://www.sior.com/contact-us) - [MySIOR](https://my.sior.com/home) - [Search](Javascript:void(0);) - [Find an SIOR](https://sior.com//find-an-sior) - [Become an SIOR](https://sior.com//become-an-sior/become) - [Education & Insights](https://sior.com//education-and-insights) - [Events](https://sior.com//conferences) - [Transactions & Data](https://sior.com//transactions) - [Current Members](https://sior.com//current-members) # SIOR Pulse Blog In This Section ### Education & Insights - [Overview](https://sior.com/education-and-insights) - [Education](https://sior.com/education-and-insights/education) - [Insights](https://sior.com/education-and-insights/insights) - [Latest News](https://sior.com/education-and-insights/insights/latest-news) - [SIOR Report](https://www.sior.com/education-and-insights/insights/magazine/sior-report) - [SIOR Pulse Blog](https://blog.sior.com/) - [Thought Leadership Series](https://sior.com/education-and-insights/insights/thought-leadership-series) - [SIOR Weekly Newsletter](https://sior.com/education-and-insights/insights/sior-weekly) - Writing Opportunities [Return to SIOR Pulse Blog](https://blog.sior.com) Share: [envelope](mailto:?subject=Check%20out%20https://blog.sior.com/is-everything-really-bigger-in-texas%20&body=Check%20out%20https://blog.sior.com/is-everything-really-bigger-in-texas) [twitter](https://twitter.com/intent/tweet?url=https://blog.sior.com/is-everything-really-bigger-in-texas&text=Is%20Everything%20Really%20Bigger%20in%20Texas) [facebook](http://www.facebook.com/share.php?u=https://blog.sior.com/is-everything-really-bigger-in-texas) [linkedin](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.sior.com/is-everything-really-bigger-in-texas) Allen Gump, SIOR, CCIM 07/2/2013 # Is Everything Really Bigger in Texas? ![7.2.13 Texas](https://blog.sior.com/hubfs/7.2.13%20Texas.jpg) Categories: [Market Trends & Analysis](https://blog.sior.com/tag/market-trends-analysis) [Industrial](https://blog.sior.com/tag/industrial) [Office](https://blog.sior.com/tag/office) [Management & Ownership](https://blog.sior.com/tag/management-ownership) Concerned about the amount of business opportunities available today? Perhaps you haven’t looked to Texas! It’s truly amazing the level of activity that has happened recently and there are some really exciting projects we’ll see later this year. I had the privilege of participating in a panel discussion at the NTCAR 2013 Annual Broker Forecast breakfast earlier this spring at the Frontier of Flight Museum. My part of the discussion was industrial. I created a list of deals that had been completed in 2012, and a list of projects which we expect to see started in 2013. Some as noted below, have already begun, some are still on the drawing board, but all have the potential to be kicked off this year. All of this bodes well for companies looking to locate in the Dallas/Fort Worth area, where there are lots of great options. **Build to Suits** **Quaker/Pepsico 1,200,000 SF ProLogis Park** 20/35 Lancaster (600 trailer parks, 100 doors, expandable to 1.6 million **BMW ** 260,000 (not done yet) **Ace Hardware by Centerpointe Properties** of Chicago 460,000 **Amazon by Hillwood** (2) million footers, Coppell & Fort Worth **L’Oreal by Ridge** 513,000 in South Dallas **Restoration Hardware by Weeks Robinson** 858,000 in Grand Prairie **Prime Distribution by ProLogis** 400,000 SF Mesquite **Eltek by Argent** 107,000 SF in Plano **Winzer by Weeks Robinson** 100,000 east Plano **Kohl by Hillwood** in Desoto about 951,000 **New Developments** **Billingsley** purchased 225 acres in Mercer Crossing 90% industrial to be built **Billingsley** 300,000 SF at Belt Line & Hwy 161 **IDI** 529K on Valley Parkway in Lewisville, construction underway **Seefried** Southfield Park 35 with USAA buildings up to 1.5 million, planned **Hillwood** 1,000,000 in DeSoto going to start very soon **Hillwood Alliance** will start a 775,000 in February expandable to **3** *million (Also have sold 80 acres in Alliance with another 100 acres under contract for other development projects)* **ProLogis** 653,000 expandable to 1 million under construction **First Industrial** 273K in Pinnacle Park, planned for later 2013 **Ridge Realty** 500,000 SF spec next to L’Oreal, to be built simultaneously **Oakmont** 462K & 292K Flower Mound **Trammell Crow/Clarion/Rosewood** 202,500, 500,000, 297,500, North end of DFW Airport, construction has begun **Exeter** plans 800,000 spec on land they just bought from IDI in south Arlington **Rob Huthnance**, IIT, has started construction on a 300,000 spec at Amberpoint in Coppell **Duke** has a site ready for 850,000 S Dallas @ I-35 and north of DFW Airport Lakeside Ranch 660,000 **Majestic** has a site they can build another 1 million next to Kellogg in Lewisville **Significant Recent Leases** IDI leased in Mesquite to **Masonite** 232,800 Weeks Robinson in Langdon project leased to **Conn’s** 320,000 Wal-Mart  leased 788,000 from Hillwood in Alliance **Significant Recent Industrial Sales** Greenville sale 1 million from **Rubbermaid to Fritz** **GE bot IDI’s** 679,000 and expanded to 923,000 at Speedway Distribution Center Trader Joes purchased from Panattoni their 728,520 in Irving The City of Dallas economic development director tells me they’ve seen three deals recently each over a million square feet. Of course it remains to be seen which of those will land in the DFW area. ### **A few questions below: I would love to hear what's going on in your market! Let me know!** - How does this compare with the activity you’re seeing in your market? - Are build-to-suits going to continue rather than spec construction and does the increased size of these deals have an impact? - As we are now at an 8 percent vacancy in the DFW market, why isn’t there more spec construction as there has been in the past when vacancy got to 8 percent? ![Allen Gump, SIOR, CCIM](https://blog.sior.com/hubfs/Gump-9774.jpg) ### [Allen Gump, SIOR, CCIM](https://blog.sior.com/author/allen-gump-sior-ccim) is executive vice president of the industrial division for the Dallas-Fort Worth office of Colliers International. He has been a top producing real estate broker in the market for twenty-nine years. Allen Gump joined Colliers International as Managing Director for the Dallas office in May of 2002. Prior to joining Colliers International, Allen was the Senior Managing Director for Kennedy Wilson’s Dallas office. He earned the Top Producer and Pinnacle Awards for 2000 while at Kennedy Wilson. Allen is a recipient of the Colliers International 2003 International Award of Excellence and has been named a top producer every year since 2007. He is also an SIOR Foundation Past President and will take office in the fall as SIOR Vice President. 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