CONROE – Philadelphia-based Five Below Inc. is building an 860,000-sf distribution center in the Conroe Park North Industrial Park.
The building will be on 71 acres the company acquired in November for $15 million. Construction is expected to cost an additional $41 million.
Work will be completed sometime next year.
The business park is owned by the city, which recently approved $23.7 million in bonds to fund additional infrastructure.
The Real Estate Center has more on the Houston-area industrial market:
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