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Stonelake Capital Partners is constructing 635 Commerce Center which will consist of two (2) industrial buildings totaling 249,152-square feet for warehouse, distribution, and light manufacturing tenants in Balch Springs, TX for lease. The $33.7M project is located at 5320 Peachtree Rd, Balch Springs, TX 75180.
The facility’s construction will support an estimated $28.3 million in gross area product or economic activity in the area during its construction, an estimated 228 total jobs each year during construction, and total salaries estimated to be $9.7 million. Tenants expect to have estimated initial annual taxable sales of $5.9 million and will create an estimated 374 permanent jobs with estimated initial average annual salaries of $60,000. The project is expected to be completed in the winter of 2023.