Trina Solar signed a lease at Tradepoint 45 West for its first U.S. manufacturing facility totaling 1.35 million square feet, located on a 95-acre lot in Wilmer. Trina Solar, which reported $11.58 billion in revenue through three quarters of 2023, plans to invest more than $200 million into the South Dallas Inland Port facility to manufacture and assemble high-power Vertex solar panels and modules.
Once operational, the production warehouse will create 1,500 jobs in the South Dallas market. Tradepoint 45 West currently stands as the largest speculative manufacturing facility ever built in Texas. The warehouse is projected to be up and running by the end of 2024, just two years after it broke ground.
“This facility represents a significant investment in American manufacturing that will bolster the U.S. solar market and position Texas as a leader in the transition to a sustainable future. We are grateful to the City of Wilmer and look forward to the many accomplishments our partnership will bring,” Steven Zhu, president of Trina Solar, said.
The firms involved in Tradepoint 45 West include Stream, which brokered the deal, and Champion Partners and Cresset Partners, which sought out to develop the largest spec building in the state. The property stretches 2,178 feet long—almost half a mile. A lease of this size for a speculative building’s shell has never been signed four months prior to shell delivery.
“We are pleased that this unique and large project appealed to Trina Solar, who is making a sizable capital investment and creating many new jobs,” said Steve Modory, co-managing partner of Champion Partners. “The City of Wilmer was also instrumental in bringing Trina to Tradepoint 45 West and have been terrific to work with thanks to their pro-growth and pro-jobs attitude.”
Trina Solar, founded in 1997 and headquartered in Shanghai, is working to create a net-zero future through manufacturing its innovative solar panels. The company, which sources its polysilicon materials from the U.S. and Europe, has delivered clean energy to more than 160 countries and regions. To date, the company has deployed more than 170 gigawatts of modules, with shipments of 210mm modules surpassing 90 gigawatts. The Wilmer plant will be a 5-gigawatt manufacturing base.
Due to this production facility’s sheer size, Trina Sola will be able to produce vertex modules incorporating 210mm silicon wafers that allow over 600W power output and up to 21.4 percent module efficiency.
Dealmakers close to the lease expect several suppliers and other businesses to relocate to the area to be in close proximity with Trina Solar’s operation. With the new warehouse, Trina Solar will be able to reach 93 percent of the country’s population within a 2-day drive and 37 percent of the country within 24 hours. The City of Wilmer has one of the lowest mileage rates within the DFW at 2.43 percent, generating a significant tax saving.
The property features 354 trailer positions and 306 car parks with the ability to expand to 690 total trailer positions and 557 car parks.
Stream represented both the landlord and the tenant in the deal. Vice President Ridley Culp, Senior Vice President Luke Davis, and Managing Director Matt Dornak represented ownership, while Senior Vice President Forrest Cook, Vice President Jeff Rein, and Executive Managing Director Seth Koschak represented Trina Solar.