The City of Denton broke ground on a massive 1.2 million square foot industrial warehouse campus project last month.

Local Dallas-based developer CLX Ventures has partnered with Principal Real Estate Investors to build the industrial business park. The project is expected to include three warehouse and distribution buildings located at the northwest corner of Interstate 35 and Loop 288 in Denton, Texas.

Brad Copeland, founder and managing partner of CLX is excited to enter the booming Denton industrial submarket. “The Denton labor market is exceptional and has been a steady draw for users looking for space in the Metroplex, with all indications that trend will continue in 2023 and beyond,” said Copeland. He added that the development will be of institutional quality and cater to a broad range of tenants.

The first of the three warehouse buildings will be completed by August 2023. Real Estate Company Holt Lunsford Commercial has leased the industrial campus

“Denton is quickly emerging as a force in our industrial sector with an incredible pipeline of interested tenants new to the market,” said Matt Carthey, partner and managing principal at Holt Lunsford Commercial.

North Texas is the nation’s fastest-growing industrial building market, with about 59 million square feet of warehouse and distribution space under development. Founded in 2019, CLX Ventures has more than 9 million square feet of active development across Texas, with three industrial buildings near DFW International Airport.