First Citizens Banks provides GTIS Partners $24.5M in financing for 272K SF North Texas Industrial Project

  • 5/15/2024

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First Citizens Bank today announced that its Commercial Real Estate business provided $24.5 million in construction financing for 121 Commerce Center, a large new industrial property in Grapevine, Texas. The facility will cover more than 272,000 square feet and feature 36-foot ceilings, 54 truck doors and more than 350 parking spaces. The 16-acre site is strategically located near Highway 121, Interstate 635 and Dallas-Fort Worth airport.

GTIS Partners
Gaurav Sahay | Managing Director, Industrial/Logistics

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