Construction has started on another industrial complex – this time in southern Dallas.
Atlanta-based developer Core 5 Industrial Partners is building the huge warehouse south of Intestate 20 for a major U.S. food distribution company.
The 88-acre Core 5 Logistics Center at Bonnie View is on Logistics Drive near the Lancaster city limits.
The almost 994,000-square-foot shipping hub is being built to house operations of Kehe Distributors LLC, an Illinois-based company that’s one of the country’s largest food products logistics firms, according to building permits filed in Dallas.
The project is valued at $45 million.
Kehe’s customers include grocer Sprouts Farmers Market. Kehe specializes natural, organic and fresh food products.
The company’s sales have grown to more than $5 billion over the past decade.
Kehe already operates two smaller shipping centers in West Dallas and Flower Mound.
Kehe has more that 5,500 workers and 5 million square feet of warehouses nationwide.
Representatives for Core 5 Industrial declined to comment on the timetable for the southern Dallas warehouse project.
And Kehe officials would not respond to requests for information about the new North Texas operation.
Core 5 is already building warehouse projects in McKinney and Plano.
The real estate firm recently sold a large warehouse in nearby Hutchins to
Boston-based investor Cabot Properties,
Core5 is a division of Japan-based Kajima Corp., a 170-year-old real estate and construction company.
The developer’s new southern Dallas projects is the latest in a flurry of recent groundbreakings for new distribution and warehousing centers in North Texas.
With the pandemic fueling a surge in home deliveries and e-commerce business, consumer products firms, retailers and logistics companies are scrambling to get new facilities underway in the Dallas-Fort Worth area.
At midyear more than 23 million square feet of warehouse space was on the way in D-FW, making it one of the fastest growing industrial markets in the country.