FORT WORTH, Texas--(BUSINESS WIRE)--Sep 2, 2025--
ALTO Real Estate Funds is pleased to announce the groundbreaking event for ALTO Carter Park 35, a $40+ million, 20-acre Class A industrial development strategically located along I-35W in South Fort Worth.
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The event will take place on Monday, September 15, 2025, and marks the official start of construction for the 342,790-square-foot project, which is expected to be completed by Q3 2026.
“Carter Park 35 reflects ALTO’s ongoing commitment to developing best-in-class industrial facilities in Texas’ strongest logistics markets,” said Iman Haddad, Head of Development at ALTO. “Its strategic frontage, connectivity, and flexible design will make it an attractive destination for tenants seeking modern, efficient space.”
The development offers 760+ feet of I-35W frontage, immediate highway access, and excellent proximity to major logistics hubs, including DFW International Airport and the Alliance industrial corridor. Designed to accommodate up to five tenants, Carter Park 35 will feature both a 40ft clear cross-dock and a 32ft clear rear-load configurations to meet diverse user needs.
“With an investment of over $40 million, Carter Park 35 represents ALTO’s confidence in the South Fort Worth industrial market,” said Yaniv Melamud, Co-Founder & CEO of ALTO Real Estate Funds. “We’re proud to break ground on a project that combines prime location, modern design, and strong market demand.”
Project Team
About ALTO Real Estate Funds
For more than 15 years, ALTO Real Estate Funds has been seizing opportunities in high-growth U.S. markets. With $560 million raised across five funds, the firm has built a $1.8 billion portfolio spanning 79 properties and over 15 million square feet. Backed by 52 successful exits, ALTO is recognized for its sharp focus on logistics centers and open-air retail — assets built to thrive in the future of commerce.
For more information, visit www.alto-investments.com.
ALTO Real Estate Funds Announces Groundbreaking Event for Carter Park 35 Industrial Development in South Fort Worth
NUUK, Greenland (AP) — A bipartisan U.S. congressional delegation on Saturday sought to reassure Denmark and Greenland of their support following President Donald Trump's threat to punish countries with tariffs if they don’t back the U.S. taking over the strategic Arctic island.
Delegation leader Sen. Chris Coons, a Delaware Democrat, said the current rhetoric around Greenland is causing concern across the Danish kingdom. He said he wants to de-escalate the situation.
“I hope that the people of the Kingdom of Denmark do not abandon their faith in the American people,” Coons said in Copenhagen, adding that the U.S. has respect for Denmark and NATO “for all we’ve done together.”
Meanwhile, Danish Major Gen. Søren Andersen, leader of the Joint Arctic Command, told The Associated Press that Denmark does not expect the U.S. military to attack Greenland, or any other NATO ally, and that European troops were recently deployed to Nuuk for Arctic defense training.
He said the goal isn’t to send a message to the Trump administration, even through the White House hasn’t ruled out taking the territory by force.
“I will not go into the political part, but I will say that I would never expect a NATO country to attack another NATO country,” he told the AP on Saturday aboard a Danish military vessel docked in Nuuk. “For us, for me, it’s not about signaling. It is actually about training military units, working together with allies.”
The Danish military organized a planning meeting Friday in Greenland with NATO allies, including the U.S., to discuss Arctic security on the alliance’s northern flank in the face of a potential Russian threat. The Americans were also invited to participate in Operation Arctic Endurance in Greenland in the coming days, Andersen said.
In his 2 1/2 years as a commander in Greenland, Andersen said he has not seen any Chinese or Russian combat vessels or warships despite Trump's claims that they were off the island's coast.
But in the unlikely event of American troops using force on Danish soil, Andersen confirmed a Cold War-era law governing Danish rules of engagement.
“But you are right that it is Danish law that a Danish soldier, if attacked, has the obligation to fight back,” he said.
Thousands of people marched through Copenhagen, many of them carrying Greenland’s flag, on Saturday afternoon in support of the self-governing island. Others held signs with slogans like “Make America Smart Again” and “Hands Off.”
“This is important for the whole world,” Danish protester Elise Riechie told The Associated Press as she held Danish and Greenlandic flags. “There are many small countries. None of them are for sale.”
Other rallies were planned in Nuuk, the Greenlandic capital, and elsewhere in the Danish kingdom.
Coons’ comments contrasted with that emanating from the White House. Trump has sought to justify his calls for a U.S. takeover by repeatedly claiming that China and Russia have their own designs on Greenland, which holds vast untapped reserves of critical minerals. The White House hasn’t ruled out taking the territory by force.
“There are no current security threats to Greenland,” Coons said.
Trump for months has insisted that the U.S. should control Greenland, a semiautonomous territory of NATO ally Denmark, and said earlier this week that anything less than the Arctic island being in U.S. hands would be “unacceptable.”
During an unrelated event at the White House about rural health care, he recounted Friday how he had threatened European allies with tariffs on pharmaceuticals.
“I may do that for Greenland, too,” Trump said. “I may put a tariff on countries if they don’t go along with Greenland, because we need Greenland for national security. So I may do that,” he said.
He had not previously mentioned using tariffs to try to force the issue.
Earlier this week, the foreign ministers of Denmark and Greenland met in Washington with U.S. Vice President JD Vance and Secretary of State Marco Rubio.
That encounter didn’t resolve the deep differences, but did produce an agreement to set up a working group — on whose purpose Denmark and the White House then offered sharply diverging public views.
European leaders have insisted it is only for Denmark and Greenland to decide on matters concerning the territory, and Denmark said this week that it was increasing its military presence in Greenland in cooperation with allies.
“There is almost no better ally to the United States than Denmark,” Coons said. “If we do things that cause Danes to question whether we can be counted on as a NATO ally, why would any other country seek to be our ally or believe in our representations?”
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Niemann reported from Copenhagen, Denmark. Associated Press writer Stefanie Dazio in Berlin contributed to this report.
A patch of the Joint Arctic Command is seen on o jacket of Major General Søren Andersen standing onboard a military vessel HDMS Knud Rasmussen of the Royal Danish Navy docked in Nuuk, Greenland, on Saturday, Jan. 17, 2026. (AP Photo/Evgeniy Maloletka)
People gather for a pro- Greenlanders demonstration, in Copenhagen, Denmark, Saturday, Jan. 17, 2026. (Emil Helms/Ritzau Scanpix via AP)
People gather for a pro- Greenlanders demonstration, in Copenhagen, Denmark, Saturday, Jan. 17, 2026. (Emil Helms/Ritzau Scanpix via AP)
People march during a pro- Greenlanders demonstration, in Copenhagen, Denmark, Saturday, Jan. 17, 2026. (Emil Helms/Ritzau Scanpix via AP)
Icicles hang from the roof of the US consulate in Nuuk, Greenland, on Friday, Jan. 16, 2026. (AP Photo/Evgeniy Maloletka)
A Danish serviceman walks in front of Joint Arctic Command center in Nuuk, Greenland, on Friday, Jan. 16, 2026. (AP Photo/Evgeniy Maloletka)
Senator Chris Coons from the Democratic Party speaks during a press conference with the American delegation, consisting of senators and members of the House of Representatives, in Copenhagen, Denmark, Saturday, Jan. 17, 2026. (Ida Marie Odgaard/Ritzau Scanpix via AP)