Perot Development Company

What Perot Development Company does

Perot Development Company is a Dallas-based industrial real estate development firm founded in 2000 by Patrick T. Perot. The company specializes in build-to-suit and speculative development of large-scale logistics, distribution, and air cargo facilities, with an exclusive focus on industrial real estate at major Texas airports — primarily DFW International Airport and George Bush Intercontinental Airport in Houston. Its portfolio spans e-commerce fulfillment centers, air cargo terminals, warehouse and distribution buildings, and specialized aviation services facilities.

Since founding, Perot Development has delivered more than 18 projects totaling approximately 8 million square feet and funded more than $629 million in total project costs. The company operates as a full-service developer offering three core capabilities: Construction Management, Build-to-Suit development, and Development Services covering site acquisition, planning, design oversight, construction management, leasing, and ongoing property management. Project scope ranges from an 8,500-square-foot cross-dock facility to over 1 million square foot mega-distribution centers, including two Amazon Fulfillment Centers exceeding 2 million square feet combined.

The business model relies on direct enterprise sales to Fortune 100 and middle-market clients, with revenue generated through development fees, construction management fees, and property management on owned assets. Capital is sourced through project-level joint ventures and debt arrangements with institutional partners including Invesco Real Estate, Hillwood Investment Properties, Mesa West Capital, Wells Fargo, JP Morgan, Bank of America, Clarion Partners, Bentall Green Oak, and national pension funds. The company maintains a lean internal team of 1-10 employees and assembles customized external teams of architects, contractors, and consultants per project. Notable clients include Amazon, UPS, DB Schenker, Coca-Cola, Siemens, LKQ, Aramark, Aviall, Dallas Airmotive, Pitney Bowes, Humana, and LifeScience Logistics. The company won the Dallas Business Journal's 2021 Best Industrial Real Estate Deal Award for DFW Park 161, a 200-acre master-planned industrial park that anchors its current and forward development pipeline.

Name

Perot Development Company

Legal name

Perot Development Company

Website

https://perotdevelopment.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Perot Development Company is a Dallas-based industrial real estate developer founded in 2000, specializing in build-to-suit and speculative logistics, e-commerce, and air cargo facilities at major Texas airports for Fortune 100 and middle-market enterprise clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Development Services Revenue: Perot Development Company generates revenue through development fees, construction management services, and development services for industrial build-to-suit and speculative projects. The company specializes in developing industrial facilities for e-commerce fulfillment, air cargo, logistics, warehouse/distribution, and air freight forwarder facilities. Revenue is project-based, with clients ranging from middle-market to Fortune 100 companies.
2. Property Management: Perot Development Company is a full-service real estate company responsible for construction/development, leasing, and management of their facilities, generating ongoing revenue from property management activities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Perot Development Company is an industrial real estate developer that delivers build-to-suit and speculative facilities for e-commerce fulfillment, air cargo, warehouse/distribution, and aviation services clients. The company provides end-to-end services including site search and acquisition, facility programming, logistics consulting, planning and design, construction management, leasing, and ongoing property management, primarily at major Texas airports such as DFW International Airport and George Bush Intercontinental Airport. Projects range from 8,500 square feet to more than one million square feet and are delivered through joint ventures with capital partners.

Product overview

Perot Development Company is an industrial real estate development firm offering three core services: Construction Management, Build-to-Suit, and Development Services. The company's project portfolio centers on large-scale logistics and distribution facilities, primarily at major Texas airports including DFW International Airport and George Bush Intercontinental Airport. Key projects include DFW Park 161 (a 200-acre master-planned industrial park), the Logistics Center I-V series of speculative and build-to-suit facilities ranging from 67,500 to over 1 million square feet, specialized air cargo facilities for companies like UPS and DB Schenker, and aviation-specific developments including the Dallas Airmotive jet engine test facility and Aviall Services headquarters. The company specializes in e-commerce fulfillment, air cargo, warehouse/distribution, and air freight forwarder facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Build-to-Suit Development
• Construction Management
• Development Services
• DFW Park 161

Quantifiable outcome

• 18+ projects developed totaling approximately 8 million square feet
• +2 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and supporting.

• Halff AssociatescoreImplementation/ SI/ Consulting PartnerServes as project architect and civil engineer for DFW Park 161 and other Perot Development projects.
• Peinado ConstructioncoreImplementation/ SI/ Consulting PartnerGeneral contractor for DFW Park 161 and multiple Perot Development projects.
• Jones Lang LaSalle (JLL)coreChannel Partner/ Reseller/ DistributorDesignated leasing brokers for DFW Park 161. Kurt Griffin and Nathan Orbin co-lead the industrial agency leasing team representing the project.
• DFW International AirportcoreStrategic or Co-development PartnerProperty owner and key development partner. Perot Development Company ground leases land from DFW Airport to develop industrial facilities. Airport board approves all ground leases and has jurisdiction over planning and development.
• The Stabauch GroupsupportingImplementation/ SI/ Consulting PartnerServed as client consultant for Aviall headquarters and global distribution center project.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• EastGroup Properties: Public industrial REIT focused on Class A distribution and light-industrial facilities in high-growth Sun Belt markets including Texas. Comparable asset class and geographic overlap, but operating as a long-term owner rather than a fee developer.
• Prologis: World's largest industrial REIT with extensive logistics real estate holdings globally. Comparable in customer base (Amazon, UPS, etc.) and asset class, but at vastly greater scale and with a permanent-capital ownership model rather than developer fee economics.
• First Industrial Realty Trust: Public industrial REIT with a portfolio of Class A industrial properties concentrated in major U.S. distribution markets. Comparable tenant profile and asset type, though operating as an investor/owner rather than a build-to-suit developer.

Direct peers

• Trammell Crow Company: Major U.S. commercial real estate developer and a former employer of Perot Development's founder (Patrick Perot was a partner). Highly comparable in offering build-to-suit industrial development, though at significantly greater national scale and capital base.
• Crow Holdings: Dallas-based real estate investment and development firm with major industrial and logistics exposure in Texas. Comparable as a Texas-focused industrial developer with institutional capital relationships and build-to-suit capability.
• Hillwood Investment Properties: Dallas-based industrial and commercial real estate developer led by Ross Perot Jr. Direct peer as a fellow Texas industrial developer; Hillwood is also an active JV partner with Perot Development on Logistics Centers I, II, V, and DFW Park 161-adjacent projects, making it both a competitor and collaborator.
• IDI Logistics: National industrial real estate developer focused on speculative and build-to-suit distribution, logistics, and e-commerce facilities. Comparable in product type, customer base, and project scale, though operating across more geographies.
• Panattoni Development Company: One of the largest privately-held industrial real estate developers in the U.S., with active Texas operations. Directly comparable business model — speculative and build-to-suit industrial development for logistics, e-commerce, and distribution tenants.
• CT Realty: Large U.S. industrial real estate developer with a track record of large-scale logistics and distribution parks. Comparable in master-planned industrial park execution and relationships with Fortune 500 logistics tenants.

Others

• Clarion Partners: Major U.S. real estate investment manager and a listed capital partner for Perot Development's industrial projects. Comparable as a capital allocator to industrial logistics real estate, though operating as an investor rather than a developer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/perot-development-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perot Development Company