Constellation Real Estate Partners acquires 33.7 acres in Southlake

Constellation AdminMedia Mentions

Date: November 24, 2023

Constellation Real Estate Partners acquires 33.7 acres in Southlake

SOUTHLAKE – Constellation Real Estate Partners in partnership with Northwestern Mutual has acquired 33.7 acres of land in the DFW Airport submarket at 2100 Mustang Court in Southlake, Texas.

The company will demolish an existing fuel terminal to develop Constellation Mustang Crossing, a four-building, 546,330-square-foot state-of-the-art industrial project. Construction will begin in the first quarter of 2024 with completion scheduled for the first quarter of 2025.

Constellation Mustang Crossing was designed by Meinhardt & Associates and will include building sizes ranging from 102,957 to 188,132 square feet. The project is designed to achieve LEED Certification and will feature 28 to 32-foot clear heights, 1.22/1,000 parking ratio, ESFR sprinkler systems, and LED lighting. Constellation Mustang Crossing can accommodate a wide range of users from 30,000 square feet to 188,000 square feet.

Constellation Mustang Crossing is ideally located approximately 1.5 miles from Hwy 114 and Hwy 121, providing convenient access to neighboring communities. It is also six miles from the Dallas Fort Worth International Airport.

Joey Tyner and Tom Dosch of Dosch Marshall Real Estate represented Constellation Real Estate Partners in the land acquisition. Kurt Griffin, Nathan Orbin, Dalton Knipe and Weston King of JLL will assist with the leasing of the new development.

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