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Provident Industrial Unveils New State-of-the-Art Facility

Provident Industrial Unveils New State-of-the-Art Facility

Provident Industrial Launches Orangewood Commerce Center

Provident Industrial has successfully completed its latest project, the Orangewood Commerce Center. This remarkable Class A industrial facility spans an impressive 292,276 square feet. Officially operational, this center is a significant achievement for Provident Industrial, a division of Provident, based in Dallas.

Key Features of the Facility

The Orangewood Commerce Center is designed with modern industrial users in mind, featuring a clear height of 36 feet and a superflat slab. It boasts 59 dock-high doors and four grade-level doors. Additionally, it includes a 2,500-square-foot speculative office space, an HVAC warehouse, and a secured concrete truck court that stretches 290 feet with 76 trailer parking stalls. This adaptability allows for various configurations, enabling flexible occupancy options ranging from 100,000 square feet to full building usage.

Strategic Location Advantages

Strategically located around 10 miles northwest of downtown, the facility provides easy access to essential transportation routes, including U.S. 60 and the 101 and 303 loops via Northern Parkway. This prime positioning is beneficial for logistics and distribution operations, ensuring that tenants can efficiently manage their supply chains.

Importance in the Semiconductor Supply Chain

The completion of the Orangewood Commerce Center comes at a crucial time, particularly for the U.S. semiconductor industry. The facility's proximity to key players like TSMC makes it an ideal site for suppliers of essential materials and infrastructure needed for manufacturing operations. As Chris Martin, the project leader, expressed, "This project signifies an exciting milestone for Provident, highlighting our dedication to quality developments in strong markets."

Provident Industrial's Commitment to Excellence

Since its inception in 1991, Provident has established itself as a reliable real estate and investment firm, adapting to market fluctuations while delivering exceptional risk-adjusted returns to its investors. With a portfolio exceeding $6.0 billion in real estate projects, Provident continues to focus on strategic development opportunities to enhance value and meet market demands.

Contact Information for Inquiries

If you have any inquiries or require further information about the Orangewood Commerce Center, please reach out to Chris Martin at cmartin@providentrealty.net.

Frequently Asked Questions

What is the size of the Orangewood Commerce Center?

The Orangewood Commerce Center spans 292,276 square feet, making it a Class A industrial facility.

What are the key features of the facility?

Key features include 36-foot clear heights, 59 dock-high doors, four grade-level doors, and a secured concrete truck court.

Where is the facility located?

The facility is located approximately 10 miles northwest of downtown, with convenient access to multiple transportation routes.

Why is the project significant for the semiconductor industry?

Its proximity to TSMC positions the facility to support suppliers that provide critical materials for semiconductor production.

Who can be contacted for more information?

For inquiries, you can contact Chris Martin via email at cmartin@providentrealty.net.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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