Industrial project includes three buildings totaling 1.1 million square feet
FORT WORTH (January 29, 2019) – Stream Realty Partners (Stream) – a national real estate development, services and investment firm, is pleased to announce the upcoming ground breaking of Northwest Commerce Park (NCP) in north Fort Worth, capitalized through a joint venture with a global institutional investor.
Situated on approximately 66 acres, NCP will deliver up to 1.1 million rentable square feet amongst three buildings to meet current and future needs of industrial users.
Once complete, the development will accommodate a wide range of tenant sizes and provide users with flexibility and functionality when compared to competitive properties given the inherent characteristics of each building.
“We commenced work on this project in late 2017 and are excited to see it come together with an anticipated groundbreaking in February of this year,” said J. Cannon Green, managing director and partner for Stream’s industrial team. “This project will feature a diversified mix of industrial product in a campus-type setting.”
NCP is located 1.25 miles from the intersection of Interstate 35W and State Highway 114, allowing users quick and easy access to the primary north/south artery of Fort Worth. Additionally, the development sits within minutes of the Alliance BNSF Intermodal, Alliance Airport, and both the UPS and FedEx hubs.
“North Fort Worth and the Alliance area has proven to be a dominate industrial market within all of Dallas-Fort Worth, historically attracting some of the biggest and most recognizable users of industrial space,” said Seth Koschak, managing director of Stream’s Fort Worth office. “We expect NCP to benefit from tenants’ desire to be in this location to serve not only North Texas but the surrounding region.”