{"id":37410,"date":"2023-12-29T07:51:02","date_gmt":"2023-12-29T04:51:02","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=37410"},"modified":"2025-07-21T14:48:15","modified_gmt":"2025-07-21T11:48:15","slug":"lovett-industrial-rosewood-property-co-industrial-project-addison-texas","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/lovett-industrial-rosewood-property-co-industrial-project-addison-texas\/","title":{"rendered":"Lovett Industrial & Rosewood Property Co. Join Forces With New Development in Addison, Texas"},"content":{"rendered":"

Houston-based investment firms Lovett Industrial and Rosewood Property Co. have teamed up to develop the Addison Innovation Center<\/strong> \u2014 a Class A industrial complex located on a 12.2-acre site in Addison, Texas<\/a>. The project will consist of two buildings totaling 242,062 square feet.<\/p>\n

Building 1 will be an existing, 140,698-square-foot flex office building with a soaring, 31-foot ceiling height that will be transformed into a Class A office\/warehouse facility with convenient dock-high loading capabilities. This building will also offer seamless integration of office and industrial spaces to cater to the growing demand for multifunctional workspaces.<\/p>\n

Building 2 will be a newly constructed, 101,364-square-foot warehouse that boasts Class A specifications and dock-high loading capabilities.<\/p>\n

The development will also feature an expansive truck-loading area spanning 190 feet.<\/p>\n

Located in North Dallas, the Addison Innovation Center is strategically situated near major highways and transportation hubs, including the Addison Airport and interstates 635 and 35. Additionally, the Dallas\/Fort Worth International Airport is just 20 miles away, while downtown Dallas is within 17 miles.<\/p>\n

Leading architects LGE Design Group and civil engineers Winkelmann & Associates are collaborating on the project, while financing will be handled by JLL’s Jarrod McCabe. Colliers International Vice President, Ben Wallace, will oversee marketing and leasing efforts.<\/p>\n

\u201cThere is pent-up tenant demand for functional industrial space in infill Dallas,\u201d said Colby Everett, director with Lovett Industrial. \u201cThis represents a rare opportunity to deliver top-tier logistics product to a supply-constrained area facing a shortage of comparable inventory. We look forward to partnering with the city of Addison to retain and attract great companies. We are grateful to have a team that can execute on a project like this one that requires vision, creativity, and efficiency.\u201d<\/p>\n

This latest development marks Lovett Industrial\u2019s sixth industrial project in the Dallas-Fort Worth region, including Texport Logistics Center, Lovett 35 Logistics Park, Trinity West Business Park, Innovation Ridge Logistics Park and Wylie Business Center.<\/p>\n

Beyond its presence in the Dallas-Fort Worth area, Lovett Industrial has also established a strong foothold in seven additional U.S. markets. It currently maintains a development pipeline of approximately 5 million square feet.<\/p>\n

For more industrial listings across major U.S. markets, visit CommercialCafe.com<\/a>:<\/em><\/p>\n\n\n\n\n\t\n\t\n\t\n\t\n\t
Industrial space in Los Angeles<\/a><\/td>Industrial space in Dallas<\/a><\/td>Industrial space in Phoenix<\/a><\/td>\n<\/tr>\n
Industrial space in Houston<\/a><\/td>Industrial space in Chicago<\/a><\/td>Industrial space in Denver<\/a><\/td>\n<\/tr>\n
Industrial space in Atlanta<\/a><\/td>Industrial space in Philadelphia<\/a><\/td>Industrial space in Nashville<\/a><\/td>\n<\/tr>\n
Industrial space in Cincinnati<\/a><\/td>Industrial space in Seattle<\/a><\/td>Industrial space in Boston<\/a><\/td>\n<\/tr>\n
Industrial space in New York City<\/a><\/td>Industrial space in Minneapolis<\/a><\/td>Industrial space in Fort Worth<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"

The Addison Innovation Center boasts a strategic North Dallas location within convenient proximity of major highways and transportation hubs.<\/p>\n","protected":false},"author":3163,"featured_media":30643,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,41],"tags":[],"class_list":["post-37410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-industrial","wpautop"],"acf":[],"yoast_head":"\nLovett & Rosewood Launch New Industrial Project | CommercialCafe<\/title>\n<meta name=\"description\" content=\"Lovett Industrial and Rosewood Property Co. have teamed up to launch a new industrial development project in Addison, Texas.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/lovett-industrial-rosewood-property-co-industrial-project-addison-texas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lovett Industrial & Rosewood Property Co. 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