/

|

|

Velocis, a private equity real estate fund manager, is adding to its speculative construction pipeline in the Lone Star State, betting on the strength of the industrial market at a time of new supply. The fund manager, based in Dallas, also is preparing to raise another industrial fund upward of $500 million by next year to invest in speculative ground-up industrial development in major Texas cities and select U.S. markets, furthering its bullish outlook on this sector of the real estate industry.