Hunt and Prologis Plan 780-Acre Terrell Industrial Campus with 11.5M-SF Potential

Hunt Realty Investments and Prologis have established a joint venture at Terrell 20 Business Park, creating a large-scale industrial development platform approximately 30 miles east of Dallas.

The 780-acre campus has capacity for up to 11.5 million square feet of development, with individual buildings potentially reaching 1.9 million square feet.

That scale gives the partners room to pursue major logistics and distribution occupiers requiring large, purpose-designed facilities.

The development sits near Interstate 20 Exit 503, placing it within an established east–west transportation corridor. Its location connects the opportunity with the wider North Texas logistics market.

The venture combines Hunt’s long-held land position and local development experience with Prologis’s industrial real estate platform, customer relationships and build-to-suit capabilities.

The campus is fully entitled, providing a planning foundation for future development. Delivery is expected to be shaped around customer requirements rather than a single announcement that every potential building will be constructed at once.

For construction readers, that means the headline floor area describes the park’s maximum capacity. It does not establish that 11.5 million square feet is currently underway.

No first tenant, initial building budget or general contractor has been identified in the supplied information. The first occupier agreement will be important in defining the opening construction phase.

A tenant-led approach could produce different building sizes and specifications across the site, with each project requiring its own delivery schedule and procurement arrangements.

The immediate significance is the combination of a large entitled site and two established development partners. As individual build-to-suit agreements emerge, the wider campus opportunity will become a series of more specific construction projects.