Park to include three Class A industrial buildings totaling 720,000 square feet
Dallas, TX – February 10, 2016 – Liberty Property Trust today announced that it has kicked off construction at its new 44-acre industrial park, Liberty Park GSW North located in Irving, Texas, with two buildings totaling 537,300 square feet.
“What makes Liberty Park GSW North desirable is its prime location,” said Mike Heise, vice president and city manager for Liberty’s Dallas region. “It is strategically located to major roadways, central to Dallas/Fort Worth Metroplex, and in close proximity to DFW Airport. We believe this will be a major draw for perspective tenants looking for quality product that provides easy access to the metro areas.”
Upon completion in second quarter, the new buildings, designed to achieve LEED® certification, are located at 951 Valleyview Lane and 5430 FAA Boulevard. The buildings will feature architectural entrance points with stone accents, and state-of-the-art telecommunications and fiber optics. 951 Valleyview Lane is a 341,400 square foot building with a 32’ clear height, which can accommodate over 380 parking spaces and a 185’ truck court. 5340 FAA Boulevard is a 195,900 square foot building with a 28’ clear height and the capability for over 270 parking spaces and a 130’ truck court.
In total, the park will offer three Class A industrial buildings totaling 720,500 square feet. The third building will be located along Frye Road and consist of 182,520 square feet. Liberty Park GSW North is located minutes from the DFW International Airport, with easy access to TX-121, TX-183 and TX-360.
The architect for the new building is GSR Andrade, the general contractor is Jordan Foster Construction, LLC, and the civil engineer is Halff Associates, Inc.
Liberty is also marketing Liberty Park GSW South, a 41-acre site available for development off of 1-20 in Arlington. The site, located at 2250 E. Bardin Road, offers several site layouts and can accommodate up to three buildings.
Across the portfolio, Liberty owns more than two million square feet of multi-tenant industrial space in Dallas. The company’s 15 buildings range in size from 56,531 to 360,000 square feet across region.
About Liberty Property Trust
Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate, serving customers in the United States and United Kingdom through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 104 million square foot portfolio includes 691 properties which provide office, distribution and light manufacturing facilities to 1,600 tenants.
General Inquiries: Mike Heise, Liberty Property Trust, 469.513.7701
Media Contact: Margo Hunt Winans, a.s.a.p.r., 757.404.8653