A resident of Southlake, Texas, Mohammad Yousof Hakemy has more than three decades of experience in real estate development and property management. He has served as principal at Hakemy Businesses and Property Management since 1986, Mohammad Yousof Hakemy maintains an active interest in real estate trends in the Dallas-Fort Worth area.
According to a January 2021 report by The Dallas Morning News, a new Walmart project in the Dallas-Fort Worth suburb of Lancaster will potentially create more than 1,300 new jobs for residents. To support the retail giant’s thriving e-commerce operations, the project will involve constructing two new e-commerce facilities comprising a total area of 1.9 million square feet.
One facility, a fulfillment center for online purchases, will occupy 1.2 million square feet, while the remaining 700,000 square feet will be allocated to a cold storage facility. According to Lancaster City documents, the $800-million project is set to be completed in 2025.
