A new Dallas-based industrial actual property project is kicking off advertising of two new projects.

SRS Real Estate Partners lately launched a new warehouse division to take benefit of North Texas’ warm industrial property market.

The Dallas-Fort Worth location leads the united states of america in industrial constructing activity, with more than 56 million square feet in warehouse development underway.

Dallas’ Reserve Capital Partners has teamed up with Trinity Investors to construct warehouses in Garland and Hutchins.

The Garland project at 1102 S. Jupiter Road will include more than 194,000 square feet of area and used to be financed through Veritex Bank. The Hutchins venture is at 1701 S. Interstate 45 and totals nearly 230,000 square feet. Jones Lang LaSalle sourced debt for the new constructing with Community Bank of Texas.

“We have quietly devoured up about four hundred acres all over North Texas for industrial improvement purposes,” Brant Landry, associate with Reserve Capital Partners, said. “We would assume to put some of this land in manufacturing as soon as we get the entitlements and utilities in area if they do now not exist yet.”

Reserve Capital Partners has additionally bought industrial structures in Garland and Hutchins, stated Landry, who is additionally a managing major for SRS Industrial.

SRS Industrial’s Shannon Johnston, Joseph Cooper, Lance Woodward and Dennis Sims will deal with the leasing of the new warehouses in Hutchins and Grand Prairie.

Reserve Capital’s new industrial constructions in Garland and Hutchins will be prepared at the stop of the year.

The Garland building is on Jupiter Road. (SRS Industrial)