b'Airport DFWDallas/CBD Intl Airport Airport30 3 Dallas/CBDLeft to right: SCOA Real Estate Unit representatives Joe Zagranski, Deputy General Manager; Takayuki Frank Fukumoto, Fort Worth 30 345mmiilness20 Airport 1145 mmiinless ArlingtonSenior Manager; Kentaro Kenny Yano, Unit Head, Commercial Real Estate; Robert Obringer, Unit Head, Business Development; To Fort WorthAndrew MacDonald, Manager67 SITE 45 360 20TEXAS230mmiilns2 es35 To Houston 67Desoto broke ground on the development in late SeptemberTo Austin SITE 287and the building should be completed by May 2022, with the Mansfield project likely to break ground soon, and likelyLocation Heritage 287 Crossing1101 Heritage Parkway, Mansfield, TXcompleted by July 2022. The demand for industrial real estate, especially in TexasLand Size 33.3 acresmetro areas like DallasFort Worth, is at an all-time highTotal Size 501,660 SF (317,520 SF bldg. & 184,140 SF bldg.)right now, said Paul Smith, Velocis partner. We considerBuilding Features Bldg. 1: 1 story, 36 clear, crossdock;these first two transactions to be the first of many industrialBldg. 2: 1 story, 32 clear, front loadinvestments with SCOA, as we continue to evaluate oppor- 35 minutes to downtown Dallas. Two industrial buildings tunities locally and on a national level. will be developed on this site totaling 501,660 square feet.With modern consumers expecting next-day or same dayThe first building will be a 317,000 square foot cross-dock shipping for almost all goods, warehouse operators and/orbuilding featuring 36 clear height and 54 by 50 column distribution centers are seeking more space closer to popula- spacing, 60 loading bays, 74 dock-high doors, 60 trailer park-tion centers. Coupled with the data that Dallas/Fort-Worthing spaces, 205 car parking spaces, and ESFR sprinklers. The is one of the fastest growing metros in the United States,second building will be a 187,000 square-foot front-load acquiring and/or establishing warehouse options serves thebuilding featuring 32 clear height, 54 by 50 column spacing, future needs of the areas business. 60 loading bays, 29 dock-high doors, 22 trailer spaces, 168 The DeSoto Project, on an 18-acre site, is located proximatecar parking spaces, and ESFR.to the perpendicular intersection of two major highways, andWith SCOAs Real Estate Unit currently analyzing anoth-can be accessed by a 15-minute drive to downtown Dallas.er possible industrial development for their next project in This site will be suitable for tenants that need proximity toTexas, this looks like just the beginning for SCOA in the the metropolitan areas dense population. industrial real estate sector.A 351,000 square foot front-load industrial facility is beingIn the U.S. real estate investment market, logistics real estate developed with modern, Class A features including 36 clearis growing at a rapid pace, Hamamoto added, rivaling height and 54 by 50 column spacing within the warehouse,residential and office real estate, which have been considered 70 loading bays, 185 truck courts, 62 dock-high loadingthe core of the market. One of our major goals was to cap-doors, 69 trailer spaces, 179 car spaces, ESRF sprinkler sys- ture the growth of the logistics real estate market. However, tem and multiple ingress/egress points.investing in logistics real estate is an area that many investors The Mansfield project, on a 33-acre site, is located at theare focusing on, and competition for investment opportuni-intersection of Heritage Parkway and Main Street/localties is said to be very tough. In such an investment environ-Highway 157 and is one mile from US-287 and 2.5 milesment, it is very meaningful that we were able to realize this from Texas 360, providing access north to Fort Worth andinvestment through the teamwork of our existing network Arlington, and Interstate 20 which provides east/west access.and a professional with expertise in the logistics real estate The site is a 20 minute drive to downtown Fort Worth andindustry, and we hope to further expand this business.Sumitomo Corporation of Americas 15'