JLL Capital Markets has made a significant stride in the commercial real estate sector by successfully securing construction financing for Denton Point III, IV, and V, a Class A industrial park in Denton, Texas. This ambitious development underscores the robust demand for industrial real estate in the Dallas-Fort Worth metroplex, one of the fastest-growing regions in the United States. The project not only marks a notable milestone for JLL but also signifies the continuing economic dynamism and industrial growth in the area, driven by strategic positioning and advanced facility specifications. With the Dallas-Fort Worth area witnessing an unprecedented surge in leasing activity and market demand, Denton Point III, IV, and V will play a pivotal role in catering to the industrial sector’s requirements.
The financial arrangements for this project were meticulously orchestrated by JLL Capital Markets, ensuring a solid foundation for its successful development. This financing enables the creation of three state-of-the-art industrial buildings that together will span an impressive 451,856 square feet. Each building will feature advanced industry specifications such as rear-load configurations, clear heights ranging from 28 to 32 feet, 114 dock doors, and bay depths varying from 160 to 280 feet. These specifications are designed to attract high-value tenants by meeting modern industrial standards. Additionally, ample parking facilities and new public road infrastructure are part of the development plan, enhancing operational efficiency and accessibility.
Project and Financing Details
JLL Capital Markets arranged the financing for Denton Point III, IV, and V, securing a crucial five-year loan from First United Bank. This funding paves the way for the construction of three industrial buildings that will collectively offer 451,856 square feet of high-quality industrial space. The buildings are designed to cater to modern industrial needs, featuring rear-load configurations, clear heights ranging from 28 to 32 feet, 114 dock doors, and bay depths from 160 to 280 feet. These advanced specifications align the project with industry standards, ensuring that it attracts high-value tenants and remains viable in the long term. The project also includes new public road infrastructure, which is designed to enhance access and operational efficiency, making the site more attractive to potential tenants.
The significant capital investment underscores the confidence financial institutions have in the project’s viability and the broader industrial real estate market in the Dallas-Fort Worth metroplex. The strategic allocation of resources is intended to create a top-tier industrial park capable of meeting the growing demand for modern industrial spaces. With these advanced features, Denton Point III, IV, and V are set to become key players in the region’s industrial sector, contributing to the area’s economic growth and industrial dynamism. The loan arrangement by JLL Capital Markets represents a critical step in bringing this expansive project to fruition, ensuring that the industrial park meets current and future market demands.
Strategic Location Advantage
Denton Point III, IV, and V boast a strategic location within one of the most coveted industrial submarkets in the Dallas-Fort Worth area. Positioned just 1.8 miles from the junction of I-35E and I-35W, the site offers direct trucking routes to both Dallas and Fort Worth, making it an ideal location for logistics and distribution operations. Its proximity to Highway 380 further amplifies its accessibility, allowing for efficient transportation and delivery across the entire metroplex. This strategic positioning underscores the project’s potential to capitalize on the logistical advantages provided by the Dallas-Fort Worth area’s robust infrastructure and well-connected transportation networks.
The importance of location cannot be overstated in the industrial real estate sector, and Denton Point III, IV, and V’s positioning provides a significant competitive edge. The proximity to major highways not only ensures seamless connectivity for trucking and logistics companies but also enhances the attractiveness of the site for prospective tenants who prioritize ease of access and operational efficiency. The Dallas-Fort Worth metroplex is renowned for its robust infrastructure, and this strategic site leverages these logistical advantages to the fullest extent. As the region continues to grow and attract more businesses, the demand for industrial facilities with such advantageous locations is expected to remain strong, making Denton Point III, IV, and V a highly sought-after development.
Key Players in the Deal
The successful financing deal for Denton Point III, IV, and V was orchestrated by a dedicated team from JLL Debt Advisory, demonstrating their expertise and collaborative efforts. The team included Senior Managing Director Campbell Roche, Senior Directors Will Mogk and Tom Weber, Associate Luke Rogers, and Analyst Jordan Buck. Their combined experience and commitment were instrumental in securing the necessary financing for this ambitious development. Holt Lunsford Commercial Investments (HLCI), the borrower, has a wealth of experience and a strong reputation in the industry. With a robust portfolio and a values-based approach, HLCI is well-positioned to deliver a high-quality industrial park that meets market demands.
HLCI’s involvement adds significant value to the project, given its established track record and market-leading position in commercial real estate investment. Founded in 1993, HLCI specializes in a vertically integrated investment strategy and aims to deliver superior risk-adjusted returns to its investors. The firm’s portfolio exceeds $2.5 billion in acquisitions and developments, spanning various asset classes such as industrial, multi-family, office, and retail. HLCI’s extensive industry knowledge and strategic approach ensure that the Denton Point III, IV, and V development will be executed to the highest standards, meeting the rigorous demands of modern industrial tenants.
Market Insights and Growth Trends
The development of Denton Point III, IV, and V is emblematic of broader market trends within the Dallas-Fort Worth industrial real estate sector. According to JLL’s Q2 Industrial report, the region has seen a substantial 25.1% increase in demand and leasing activity quarter-over-quarter, reaching over 12 million square feet. This surge in activity highlights the high demand for industrial facilities and reflects the sector’s impressive growth trajectory. The rising demand for advanced industrial spaces is primarily driven by logistical advantages and strategic site positioning near major highways and interstate convergences, making the Dallas-Fort Worth metroplex a prime location for industrial developments.
The regional growth is further supported by the underlying economic factors that drive demand for industrial real estate. The Dallas-Fort Worth area boasts a strong economy, a diverse industrial base, and a strategic location that attracts businesses across various sectors. These factors collectively contribute to the thriving industrial market, ensuring sustained demand for high-quality industrial spaces like those being developed at Denton Point. As companies continue to seek strategically located, advanced facilities to optimize their operations, the demand for such developments is expected to remain robust, reinforcing the long-term viability of projects like Denton Point III, IV, and V.
The Expertise Behind JLL and HLCI
JLL, a global leader in commercial real estate services and investment management, played a pivotal role in securing the financing for Denton Point III, IV, and V. With over 110,000 employees and operations in more than 80 countries, JLL is renowned for its extensive expertise, global reach, and comprehensive suite of services designed to maximize client outcomes. Annually generating $20.8 billion in revenue, JLL brings a wealth of experience to this project, ensuring that it aligns with industry best practices and meets the highest standards of quality and efficiency. The firm’s involvement underscores the project’s significance and its potential to make a substantial impact on the regional industrial real estate market.
Holt Lunsford Commercial Investments (HLCI), founded in 1993, is a market-leading commercial real estate investment firm known for its vertically integrated investment strategy. Specializing in various asset classes including industrial, multi-family, office, and retail, HLCI aims to deliver superior risk-adjusted returns to its investors. The firm’s extensive portfolio exceeds $2.5 billion in acquisitions and developments, reflecting its significant influence and reputation in the industry. HLCI’s values-based approach and dedication to excellence ensure that the Denton Point III, IV, and V development will be executed to the highest standards, meeting the rigorous demands of modern industrial tenants and contributing to the region’s economic dynamism.
The Role of First United Bank
JLL Capital Markets has achieved a major success in the commercial real estate sector by securing construction financing for Denton Point III, IV, and V, a premier industrial park in Denton, Texas. This significant development highlights the growing demand for industrial real estate in the Dallas-Fort Worth metroplex, one of the fastest-expanding regions in the U.S. This project marks an important milestone for JLL and reflects ongoing economic and industrial growth in the area, fueled by strategic location and advanced facility features. As leasing activity and market demand surge in the Dallas-Fort Worth area, Denton Point III, IV, and V will become crucial in meeting the industrial sector’s needs.
JLL Capital Markets carefully arranged the financial framework, setting a solid base for the successful execution of this project. This financing supports the creation of three cutting-edge industrial buildings covering 451,856 square feet. These buildings boast modern features like rear-load setups, clear heights from 28 to 32 feet, 114 dock doors, and bay depths ranging from 160 to 280 feet. Designed to attract high-value tenants, the development also includes ample parking and new public road infrastructure, enhancing both efficiency and accessibility.
