Holt Lunsford Commercial Investments (HLCI, formerly Frontier Equity), a commercial real estate investment and development firm headquartered in Dallas, has recently completed Southlake Business Park. The 182,000-square-foot industrial development is located just north of DFW International Airport in the affluent town of Southlake, Texas.
The development site was one of the last industrial zoned tracts of land in Southlake and was acquired as part of a larger, four-building portfolio transaction. Southlake Business Park caters to 13,000-100,000 square foot tenants in the North Airport submarket. Holt Lunsford Commercial, Inc. will lease the project.
“Our strategy is to develop industrial warehouse in high barriers to entry submarkets in the Dallas/Ft. Worth Metroplex. The limited industrial zoning in Southlake makes it a very attractive market for us,” said Todd Marchesani, vice president of development for HLCI. “We believe this infill business park offers tenants a corporate image proximate to large population centers, and the onsite pocket park provides an area for employees to walk or enjoy lunch outside.”
