Thursday, July 09, 2015
Investor adding to Stemmons Freeway business park
Japanese investors who have owned a Stemmons Freeway industrial project for almost 10 years are adding to the project.
Miyama USA Texas and Pillar Commercial of Dallas are teaming up to build the 115,000-square-foot office, showroom and distribution building on Stemmons just south of Spur 482, near Love Field.
The building will be an addition to the project previously known Cornerstone Business Park.
Two existing buildings in the business park contain 250,000 square feet and are fully leased.
“We were attracted to this high profile industrial site due to its unique location and future amenity potential,” said the owner Takeharu Miyama.
The Miyama family has owned the property since 2006, and Pillar Commercial leases the buildings.
Steve Brown/ Dallas Morning News