Panattoni- Hillwood has broken ground on 930,000 sq. ft. of industrial space in Skyline Business Park in Mesquite, Texas, asuburb. The new development marks the first phase of 1.7 million sq. ft. that will be developed at the 112-acre site.
The first phase of Skyline Business Park consists of a 400,000 sq. ft. build-to-suit for Logan, Utah-based ICON Fitness & Health and a 530,000 sq. ft. building that will house 400,000 sq. ft. of build-to-suit space for locally based Shippers Warehouse and 130,000 sq. ft. of speculative space.
Panattoni- Hillwood is aventure between Dallas-based Hillwood and Sacramento, Calif.-based Panattoni Development Co.