Feature Photo: View of a similar project by GTIS Partners, the Goodyear Logistics Center in Phoenix. Image: GTIS Partners.
Posted: 9-21-2025
Dallas (Dallas County) — GTIS Partners LP, a global real estate investment firm that manages $4.7 billion in gross assets with a focus on residential and industrial investments, announced today the acquisition of a 26-acre industrial site in the Dallas-Fort Worth submarket.
GTIS will develop an approximately 442,000 SF Class A cross-dock facility in-house, which can be demised to provide leasing flexibility to prospective tenants.
The development, also known as Remington 30, is centrally located in the Great Southwest (GSW) industrial submarket, one of the oldest submarkets in the metroplex, with limited land available for new construction due to its age and the presence of wetlands.
Remington 30 sits south of the Dallas-Fort Worth Airport. It provides quick access to I-30, a primary east/west thoroughfare connecting Dallas and Fort Worth, and President George Bush Turnpike (PGBT) Toll Road, a major north/south artery that provides access to the northeast residential markets as well as other major arteries such as I-20.
High-quality tenants, including FedEx, PepsiCo, Office Depot, Penske, and GE Appliances, are located near Remington 30, as its location, amongst other factors, provides access to the strong Dallas-Fort Worth labor pool.
Remington 30 will target the bulk segment (defined as 250,000-500,000 SF) of the industrial market, where demand for newer products remains strong in GSW. The eight bulk buildings in the GSW submarket that delivered between 2018 and 2023, representing 2.8 million SF, have 0% vacancy. The bulk product segment has outperformed the submarket with positive net absorption over the last 12 months.
“GTIS is excited to introduce new, Class A product in a premier industrial market with high barriers to entry given the lack of developable land, further illustrated by a limited construction pipeline equal to 1.3% increase to existing inventory,” said Gaurav Sahay, managing director at GTIS Partners. The site is located within a designated Qualified Opportunity Zone. It is capitalized by GTIS Opportunity Zone Fund I, a $630 million investment fund raised by GTIS to develop in undercapitalized areas across the United States.
Edited from news release.
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