BY RITA COOK / Staff Writer
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WILMER – This month will see another industrial project in the City of Wilmer with CORE45’s 1.6 million square feet of industrial space groundbreaking, Stream Realty Partners and TRG announced today.
The nationally recognized developer TRG will be making its entry into the Dallas-Fort Worth industrial market with this project.
“The City of Wilmer is pleased to add yet another dynamic project to our already existing strong list of distribution centers and businesses that are relocating or building in our city,” said Wilmer Mayor Sheila Petta.
“Companies from around the state and country are finding Wilmer is not only easy to work with, but eager to partner with business that have an eye toward making it a winning situation for our city and the business that come here.”
“The increasing demand and limited supply of industrial space in South Dallas and the Metroplex as a whole make this a much-needed development that will be functional for tenants seeking 300,000 sq. ft. or more.
TRG has appointed Threecore, a full-service construction firm that is a client of Stream Realty Partners, to design and build CORE45 at 1690-1700 E. Pleasant Run Rd. in Wilmer along with its sister design firm, CESO, Inc.
The project has direct access off Interstate 45, and is one mile from the Union Pacific Dallas Intermodal Terminal.
The two-building development has an expected delivery of the first quarter of 2023, and will be able to accommodate tenants seeking 300,000 square feet to 1.6 million sq. ft.
“We could not be more excited to kick off our CORE45 development in the booming South Dallas industrial market,” said Ray Catlin, Threecore president.
As part of the development group, TRG has teamed up with Grandview Partners, which will be providing funding for CORE45. Stream, a national real estate services, development, and investment company, has been awarded the leasing of the project.
The Class A development specifications at CORE45 have been designed with the latest industry standards and parking counts to offer flexibility for tenants.
Building 1 of CORE45 will offer 616,068 sq. ft., 110 dock doors, 151 trailer parks, and 306 employee parking spaces.
Building 2 will feature 1,027,068 square feet with 186 dock doors, 252 trailer parks, and 594 employee parking spaces.
Build-to-suit office space, cross-dock configurations, and 40-foot clear heights are applicable to both facilities.
Tenants will have the ability to fully secure the premises and truck courts with a fence and guard shack.
Near the crossroads of Interstates 45 and 20, Wilmer is already home to the distribution centers for Amazon, Unilever, Sprouts Farmers Market, Proctor & Gamble, Whirlpool, Ace Hardware, and Medline.
“CORE45 is just one more addition to the ever-growing names that find this area a worthy location for big business with a bright future in mind,” Petta concluded.
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