Industrial Warehouse Breaks Ground in Dallas

Speculative industrial project IAC Pleasant Run breaks ground in Southern Dallas County, featuring 727K SF across two buildings.
Speculative industrial project IAC Pleasant Run breaks ground in Southern Dallas County, featuring 727K SF across two buildings.
  • Speculative industrial project IAC Pleasant Run starts construction in Lancaster, Southern Dallas County.
  • The development spans 727K SF across two buildings, with completion expected Q1 2027.
  • Krusinski Construction Co. leads build for IAC Properties, marking their 13th partnership.
  • Enhanced designs include improved storefronts and office spaces for both buildings.
Key Takeaways

Construction Launches on Major Speculative Site

Bisnow reports that work has officially begun on IAC Pleasant Run, a speculative industrial warehouse project in Lancaster, Southern Dallas County. Krusinski Construction Co. is developing the 727K SF, two-building facility for IAC Properties, with architectural services provided by Ware Malcomb and civil design by Kimley-Horn.

The project covers nearly 53 acres and will include a sizable detention pond. It’s the third and largest Texas development Krusinski has delivered for IAC to date and is set for completion in the first quarter of 2027.

Project Details and Features

The main building will be approximately 458K SF on 32 acres at 1740 N. Jefferson St., with more than 5,200 SF of speculative office space and 84 dock doors. The second building will total over 269K SF on a 15-acre site at 511 E. Pleasant Run Road, containing nearly 3K SF of speculative office and 43 dock doors.

Key upgrades include enhanced wall panel finishes and expanded storefronts. Decorative entry canopies are also planned to attract top-tier industrial tenants in Dallas’s growing distribution corridor.

Investor Momentum Builds in Dallas-Fort Worth

The launch of IAC Pleasant Run adds to sustained momentum for the industrial warehouse sector in the greater Dallas-Fort Worth region. The area’s strategic location and ongoing investor interest continue to drive speculative projects, reflecting robust demand for new distribution and logistics facilities. While some speculative construction has slowed in other submarkets, Lancaster remains an active zone for new industrial development.

What’s Next

Now that construction is underway, IAC Properties and its partners are actively positioning the warehouse as a top option for businesses. In addition, the project offers modern, move-in ready space in Southern Dallas County. Consequently, leasing activity is expected to accelerate as completion approaches in early 2027.

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