Cy-Fair draws in industrial developmentCy-Fair draws in industrial developmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=135832016-06-30T05:00:00Z2016-06-30T18:25:00Z

​​​CYPRESS - ​​The Cy-Fair area continues to stand out as a magnet for industrial expansion with nearly 150 million sf of industrial development and 5 million additional sf under construction. 

The largest project in the area comes from a Japanese producer of air conditioning units, Daikin Industries Ltd. 

Daikin’s manufacturing facility, which will open this fall, accounts for over 40 percent of the industrial projects under construction in the Greater Houston area.

In addition, other large projects in the region include DCT Northwest Crossroads on Windfern Rd., Fallbrook Pines Business Park and Sam Houston Business Park, each completed within the past five years and housing more than 200,000 sf of industrial space. 

Within the first 90 days of 2016, the Northwest Houston submarket—which encompasses Northwest Harris County between Hwy. 249 and I-10 West—had the highest leasing rate of industrial space in any Houston submarket.

The Northwest submarket also has one of the lowest vacancy rates in the Greater Houston area—5 percent—and one of the highest amounts of square footage under construction.
Community Impact Newspaper
Houston-The Woodlands-Sugar Land
https://communityimpact.com/houston/cy-fair/development-construction/2016/06/14/cy-fair-area-proves-attractive-industrial-developers-tenants-cyf/Read more at {Source}

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