New industrial park to spark in north HoustonNew industrial park to spark in north Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=12332015-04-21T11:10:00Z2015-04-21T00:00:00Z

HOUSTON - The Dallas office of New York-based KTR Capital Partners is gearing up to break ground on the first phase of an industrial development on I-45 and Airtex Blvd.

The initial building, an 86,608-sf rear-load light industrial facility, will front I-45. The first building is expected to be complete by fourth quarter 2015. From there, development on a second phase will begin.

No tenants have yet been signed, according to Mace McClatchy, a vice president at KTR in the Dallas office.

"We've got just shy of 28 acres that will allow us to put three buildings on the site," McClatchy said. Plans for the two other buildings entail a 226,460-sf cross-dock facility and a 116,550-sf front-load building.

KTR, which deals exclusively in industrial real estate, currently has 1.3 million sf of industrial space in Houston.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/morning_call/2015/04/new-industrial-park-gearing-up-in-north-houston.htmlRead more at {Source}

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