The biggest privately-owned logistics park lands in Dubai: Dubai-based construction firm Dutco and real estate developers Sweid & Sweid have launched a privately-owned logistics park, Terralogix, in Northern Dubai, according to a statement. Situated in Warsan, the facility spans 3.3 mn sqft and is slated for completion in 3Q 2026. The first phase is already underway and pre-leasing at the park is now open, the statement notes.
What we know so far: Terralogix will host 182k sqm of leasable Grade-A logistics space, according to a statement (pdf). The park has been designed to serve as a modular facility — enabling tenants to lease 2.8k sqm units with the option to scale and add to if needed. The flexible leasing option will allow tenants to scale, grow, or customize their facilities in line with their exact requirements.
Location, location, location: The park will provide untapped access to underserved areas in Northern Dubai as the bulk of logistics facilities are concentrated in Southern Dubai, the statement adds, noting the area’s direct links to major highways and ports.
Not the pair’s first rodeo…: Sweid & Sweid contracted Dutco for its 500k sqft office space, to open by 2026 (“Sweid One”) located in the Jumeirah Lakes Towers (JLT) district.
…or Sweid & Sweid’s first venture into industrial real estate. The firm completed its AED275 mn project in the US back in November. The facility — located in Southeast Atlanta — covers some 835k sqm of land.
Upping the competition? Dubai South Logistics Park is the current reigning facility-of-its-kind in the area — spanning nearly 145 sq km and sitting a short 30 km away from Jebel Ali Port, according to its website. The facility is state-owned by Dubai Government subsidiary Dubai Aviation City Corporation. DP World’s flagship park Jebel Ali FreeZone (Jafza) follows, offering a combined 79.6 sqm of leasable flexible spaces, according its website.