FORT WORTH — (Realty News Report) – With 7 million SF already in its construction pipeline, Hillwood has started an additional 1.2 million-SF spec industrial project in the firm’s 27,000-acre AllianceTexas development in Fort Worth.
The new warehouse, called Alliance Westport 16, advances Hillwood’s continued investment in AllianceTexas and the north Fort Worth corridor. With this project, Hillwood’s total industrial pipeline across AllianceTexas includes 8.2 million SF under construction or in design, comprising 6.8 million SF currently under construction and 1.4 million SF in the design stage.
Hillwood, a Texas-based firm led by Ross Perot Jr., reports a strong demand for 1 million-SF industrial buildings that are ready for immediate occupancy…