Trammell Crow Company, PGIM Real Estate Break Ground on 316K-SF Industrial Park in Lewisville, Texas
LEWISVILLE, Texas (Dec. 1, 2025) — Trammell Crow Company (TCC) and PGIM Real Estate have broken ground on Lake Vista Technology Park, a three-building, 316,333-square-foot industrial park located near Dallas Fort Worth International Airport in Lewisville, Texas. Comerica Bank is providing construction financing for the project, which is expected to deliver by the fourth quarter of 2026.
New Industrial Development Near DFW Airport
Situated on approximately 20 acres at the southwest corner of Interstate 35 West and State Highway 121, Lake Vista Technology Park will include three rear-load industrial buildings available for lease. The buildings will measure approximately 122,820 square feet, 126,693 square feet, and 66,820 square feet, each with a 32-foot clear height.
The development will replace two vacant office buildings and two parking garages along Lake Vista Drive, which will be demolished prior to vertical construction. TCC is pursuing LEED certification for all three buildings.
Design and Construction Team
Alliance Architects is serving as the project architect, Peinado Construction is the general contractor, Halff is the civil engineer, Studio Green Spot is the landscape architect, and SSI is the geotechnical engineer. CBRE professionals Steve Trese and Wilson Brown are marketing and leasing the project.
Statements from Project Partners
“This infill site just a few miles northeast of DFW Airport offers a rare opportunity to develop in an infill, high-demand market with immediate access to major transportation corridors, a skilled labor pool, and a thriving business ecosystem,” said Scott Krikorian, Senior Managing Director for Trammell Crow Company in Dallas-Fort Worth. “Lewisville’s strategic location within the DFW Metroplex makes it especially attractive to future tenants seeking speed-to-market advantages, proximity to customers, and operational efficiency.”
Soultana Reigle, Head of U.S. Equity for PGIM Real Estate, said, “We are thrilled about our partnership with Trammell Crow Company on the development of Lake Vista Technology Park. This project represents a strategic opportunity to invest in a high-growth, supply-constrained market near one of the country’s busiest airports.”