Google has leased a 1.1 million-square-foot warehouse in Majestic Realty’s Silver Creek Business Park in Fort Worth.
The deal is part of the tech giant’s broader plan to invest $1 billion in Texas to support its cloud and data center infrastructure, the Dallas Business Journal reported, citing CoStar.
The property, at 9449 Silver Creek Road, is within the 520-acre business park developed by Majestic Realty. It is just west of Loop 820 and about three miles from Lockheed Martin’s F-35 Lightning II fighter jet assembly plant and has become a key hub for logistics and data-related operations in the region.
Majestic Realty, which also manages several properties in the Fort Worth Stockyards, delivered the industrial logistics complex a year ago. The California-based firm has also teamed up with Fort Worth-based Hickman Companies on renovations to the Stockyards Hotel, a project that is part of a broader $1 billion expansion of the Fort Worth Stockyards.
Google and Majestic did not comment on the lease. The deal aligns with Google’s ongoing infrastructure development in Texas, said Cody Gibbs, CoStar’s director of market analytics.
Google recently leased 1 million square feet in the Northlake 35 Logistics Park — a $20 million development spearheaded by Falcon Commercial Development and Clarion Partners. Registered under the name “Project Beast,” the first phase of the logistics complex is expected to be operational by 2026.
Both facilities are set to store data center materials in support of Google’s existing campuses in Midlothian and Red Oak. As Google expands its presence in Texas, the company is positioning itself to be a key player in the state’s growing data center market.
In fact, Google’s leases are among the top five largest industrial deals in Texas so far this yera, Gibbs said. The Dallas-Fort Worth region is a major hub for data centers, with Avison Young ranking the metro No. 4 nationally.
— Andrew Terrell
Read more
Roski, Hickman take on $20M renovation of historic Stockyards Hotel
QTS to build $220M data center in Fort Worth
Prime Data Centers pouring $3B into DFW surge