Dalfen Industrial begins construction on Frisco Trade Center, a 575,000-square-foot industrial project set for completion later this year, according to a Commercial Property Executive article. They say,
“Dalfen Industrial has broken ground on Frisco Trade Center, a project that includes three industrial buildings totaling 575,000 square feet in Frisco, Texas. The facilities are slated for completion in the fourth quarter of this year.
The company acquired the 71.9-acre site for the development in November 2021. CommercialEdge data shows that the project is subject to a construction loan provided by First National Bank of Omaha last year.”
Dalfen Industrial CEO, Sean Dalfen, expresses excitement about the industrial park’s potential in Frisco, highlighting its strategic location and growth opportunities, according to a JLL article. They say,
“”We are excited to bring this cutting-edge industrial park to Frisco in partnership with JLL,” said Sean Dalfen, CEO at Dalfen Industrial. “With its strategic location near major transportation routes and surrounded by a growing community, this property will provide exceptional opportunities for businesses seeking prime industrial space. We look forward to delivering this project later this year and working with JLL to ensure its success.”
“Frisco’s rapid growth and ability to attract both residents and companies to the city have quickly made what was once a pioneering location into an infill destination suburb of the metroplex,” said John Lettieri, Market Officer at Dalfen Industrial. “With limited land left for development, this project will provide the area with the needed warehouse space for the local economy to continue to thrive.””
Dalfen Industrial possesses nine other industrial properties in the Dallas-Fort Worth region, totaling 3.1 million square feet. Additionally, they recently acquired a facility in Utah and partnered with Centerbridge Partners for nationwide industrial outdoor storage assets.