#United States #Dallas #Terrell #Hunt Realty

Major Distribution Hub Marked by Historic Sale in Terrell

Hunt Realty Investments has finalized a significant real estate transaction, selling 120 acres of land in Terrell, Texas, located to the east of Dallas. This sale is intended for the development of a new international distribution center, marking a pivotal point in the company's long-term growth vision for this expanding community. The transaction is one of the most notable industrial land sales in the area and reinforces Hunt Realty’s longstanding commitment to stimulating economic development across North Texas.

As construction ramps up, the project aims to bring extensive infrastructure improvements to the region. The establishment of the distribution hub is anticipated to attract further developmental projects and create sustained economic momentum not only for Terrell but also for the greater Dallas-Fort Worth area. The land sold is part of a much larger 2,500-acre holding that Hunt Realty has meticulously managed over the years with a focus on future-oriented land use and regional planning.

Chris Kleinert, CEO of Hunt Realty Investments, emphasized the significance of this sale, stating, “Our family has long believed in the power of economic growth to strengthen communities. We've recognized the potential of this land in Terrell for decades. This milestone transaction represents a historic chapter for both our legacy landholdings and the Terrell community.” He added that the recent deal signifies a powerful advancement in regional economic development thrust, made feasible through a collaboration with the City of Terrell.

The new distribution center will capitalize on Terrell’s geographic and logistical advantages, offering access to extensive highway networks and multiple airports. This strategic location is projected to expand job opportunities for local residents and enhance the economic health of the region, further solidifying Terrell's status as a viable location for business development.

Rick Carmona, Mayor of Terrell, expressed optimism regarding the project, stating, “We look forward to bringing this project into our corporate community. We anticipate this will be a fruitful investment for both Hunt Realty and the City of Terrell. The new facility is expected to create numerous employment opportunities for our residents, assisting us in our goals of economic growth and job creation.”

In addition to this new venture, Hunt Realty Investments retains 8,000 acres of surrounding land in Terrell, positioning the company to engage actively with other industrial developers and partners who share a vision of impactful, thoughtful community growth.

Hunt Realty Investments has a rich history, having operated in real estate development, acquisition, ownership, and investment for 50 years. The company serves as the centralized real estate entity for the Ray L. Hunt family of companies, actively contributing to the community and investing in the region's infrastructure.

For those interested in learning more about the company or the ongoing projects in Terrell, additional information can be found by contacting Todd Watson via email at [email protected].

As this project unfolds, all eyes will be on Terrell, Texas, as it transforms into a critical logistics hub, heralding a new era of economic growth and opportunity for the community at large. The synergy between Hunt Realty and local government showcases a model for success in community engagement and economic development, solidifying the importance of strategic partnerships in the growth of suburban areas.

Conclusion

Control of this land and its development will play a crucial role in shaping the future of Terrell and solidifying its economic viability within the expanding Dallas-Fort Worth region. This ambitious project stands to inspire future investments and create a foundation for long-term growth, benefiting not just the businesses involved but the entire community as well.