Box Investment Group, a Dallas-based industrial real estate company, recently announced the company’s marketplace launch marked by the development of two industrial properties in the Dallas Fort Worth metroplex, Skyway Logistics Center in Irving and M380 Business Park in Denton. Box Investment Group, founded by senior real estate veteran Todd Marchesani, is focused on shallow bay industrial developments in northern growth submarkets and recently broke ground in November on its first project, Skyway Logistics Center.
Marchesani brings 16 years of extensive experience leading and executing investment strategies in land acquisitions and industrial development. His background ranges from investment sales and acquisitions to leasing and development. In his previous role as vice president of development with a well-known DFW full-service commercial real estate company, he was involved in 14 new development projects totaling 2,741,563 square feet with a market value in excess of $450 million. He has worked on strategic deals with multiple municipalities including Carrollton, McKinney, Denton, DFW Airport, Desoto, Fort Worth, Lancaster, Lewisville, Richardson and Southlake. Marchesani has built a solid network of broker relationships and currently serves as president of the North Texas Commercial Association of REALTORS ® and Real Estate Professionals (NTCAR).
“Box Investment Group launched its development strategy after recognizing a need for shallow bay industrial development in northern growth markets with proximity to population density, highway infrastructure and key decision makers. Our differentiator is our site selection and knowledge of submarket demand which helps deliver risk-adjusted returns to our investors,” Marchesani said. “I attribute much of my current success to my broker network, and I will continue developing these strong relationships as we grow our industrial portfolio.”
Skyway Logistics Center is an 84,406-square-foot Class A industrial property located at 3260 Skyway Circle North in Irving. The state-of-the-art development with a clear height of 32-feet throughout recently broke ground and is located just minutes away from Dallas Fort Worth International Airport. The property caters to a wide variety of industrial users with suite sizes ranging from 29,238 to 84,406 square feet and is a fully securable site with build-to-suit office options.
M380 Business Park consists of four buildings totaling 156,090 square feet located at 1801 N Masch Branch Road in Denton and will break ground in early 2023 and will deliver in the first quarter of 2024. The site is located at a hard corner lighted intersection with frontage along Highway 380, which is the major east/west thoroughfare to Frisco and McKinney. The project site is zoned for light industrial but also caters to retail-oriented businesses in addition to traditional warehouse users looking for more visibility. The four standalone buildings cater to a wide variety of tenants ranging from 6,000-square-foot grade-level suites to 40,000 to 50,000-square-foot dock-high buildings that could lease to single tenants or demise into 12,000 to 25,000-square-foot suites. The site has ample parking, and each building is separately platted which allows for individual user sales.
“We have a deep understanding of what tenants want and value in today’s market which is critical for leasing and tenant retention. These two industrial developments are each in ideal locations for warehouse, distribution, service provider, supplier and fulfillment operations,” Marchesani said. “The properties will be in high demand with their multi-tenant lease configuration options or ability to sell to individual users.”
Box Investment Group is actively looking for additional industrial development opportunities north of I-30 in Denton, Collin, Tarrant and Dallas County.
About Box Investment Group
Box Investment Group is a Dallas-based industrial real estate company focused on developing and acquiring Class A industrial real estate. The founding principals have extensive, varied experience in operating institutional real estate assets and businesses. Box Investment Group believes in the power of partnership to create easier, faster and equitable lease and sale transactions for brokers and their clients. Count on Box Investment Group to always protect the brokerage community.
