A 16-acre patch of dirt in north Fort Worth is about to become a serious piece of industrial real estate. Two Dallas development firms have scooped up the land and started work on a sizable warehouse project dubbed Signature 35, steps from the Mercedes-Benz Financial Services U.S. headquarters. Slotted into the AllianceTexas corridor just off Interstate 35W, the project is being pitched as a mid-sized Class A industrial building with a large outdoor laydown yard, another sign that logistics demand is steadily rewriting land use around the airport-anchored submarket.
Signature 35: Size, Site And Financing
Signature 35 is planned as a 111,923-square-foot, Class A light-industrial building on roughly 16.2 acres, with about five acres of secured outdoor storage, 32-foot clear heights, 36 dock doors, and two oversized ramped doors, according to JLL. JLL reports that the developers broke ground on April 20 and that JLL Capital Markets arranged construction financing through Simmons Bank while securing equity from an undisclosed family office. The project is slated to deliver in the first quarter of 2027. With direct frontage on I-35W just south of Highway 114, the site offers heavy freeway visibility and multiple ways to get trucks in and out.
Who’s building and who will lease it
Holley Development Company and Indco Partners, both based in Dallas, acquired the parcel and are teaming up on the development, as reported by the Dallas Business Journal. In a separate press release, Holley said, "We pursue projects that capitalize on North Texas’ growth, and this building fits our vision," while Indco owner Michael Flowers called the partnership "exciting" in comments distributed via EINPresswire. The same release notes that the developers have tapped Stream Realty Partners to handle both leasing and property management.
Why now: tight supply and nearby hiring
Developers say Signature 35 is tailored for a specific kind of tenant: one that wants freeway-visible space with a big outdoor yard in a submarket where institutional users are competing hard for limited options, a trend highlighted in the JLL release. Timing is no accident either. In March, Mercedes-Benz Financial Services announced plans to add more than 120 jobs at its AllianceTexas headquarters, according to the Fort Worth Star-Telegram. That mix of tight vacancy and fresh payroll growth helps explain why the two Dallas outfits moved quickly to lock down the site.
What comes next for the corridor
Signature 35 joins a steady stream of industrial land plays across AllianceTexas as developers scramble to secure truck-ready yards and mid-sized warehouses. Recent nearby deals, including a multi-acre purchase by Constellation Real Estate Partners, show just how competitive the area has become, per REJournals. The team behind Signature 35 expects the project to attract tenants that need a combination of modern warehouse space and substantial outdoor storage, with active leasing to follow completion of the shell.
