Houston’s Largest Spec Industrial Building Totaling 1.2 Million Sq. Ft. Has Broken Ground in TGS Cedar Port Industrial Park
Baytown, TX, September 21, 2021 - TGS Cedar Port Partners, LP (TGS) today announced that it has broken ground on a 1.2 million square foot cross dock warehouse. The spec building will be delivered to the Houston market 2nd quarter 2022. Currently, the building pad and first slab pour is complete. TGS has kept 100% equity in the project and partnered with Bank of Texas on construction loan financing.
Located at 6363 FM 1405, the distribution building will feature highly desirable amenities such as 40-foot clear height, 8” minimum slab, ring road around the entire building and truck court, LED warehouse lighting, ESFR sprinkler system, oversized truck courts, and ample parking for cars and trailer storage. The office space will be built to suit the tenant’s needs, but a 5,000 SF open layout spec office space will allow the tenant to quickly move into the space. Additional land has the ability to be fully fenced and utilized as an area for additional trailer parking, car parking and outside storage. The 1.2M SF building has the ability to accommodate over 1,000 trailer parking spaces and 1,500 car parking spaces.
The building is located in the booming, multi-modal TGS Cedar Port Industrial Park, ideally located for warehousing, distribution, and fulfillment operations. The buildings location on FM 1405 allows prime access to State Highway 99 (Grand Parkway), Interstate 10, State Highways 225 and 146, and the Port of Houston’s Bayport and Barbours Cut container terminals. Industry leaders such as Wal-Mart, Floor & Décor, IKEA, Home Depot, Niagara Bottling, Webstaurant, Ravago and Vinmar all have major distribution and fulfillment centers in TGS Cedar Port Industrial Park, taking advantage of the location and access to abundant, cost-effective labor.
Powers Brown Architecture is the architect on the project and E.E. Reed Construction L.P. is the general contractor. John Simons, Gray Gilbert, Chris Haro with NAI Partners are the leasing agents for the project.
TGS Cedar Port Industrial Park creates a unique logistics opportunity for users to operate in a prime Port location within one of the prominent industrial parks in America, particularly valuable at a time when suitable land positions in desirable areas have continued to become increasingly scarce. With the newly constructed segment of the Grand Parkway, park customers will be able to easily travel to and from the Port of Houston container terminals with no stop lights. Business Facilities 2021 Rankings Report recently ranked TGS Cedar Port #2 Industrial Park in the U.S. as the largest U.S. Industrial Park with the best infrastructure.
TGS Cedar Port Industrial Park, located in West Chambers County near Houston, Texas, is the largest master-planned, rail-and-barge-served industrial park in the U.S. Situated across the Houston Ship Channel from Bayport and Barbours Cut Container Terminals, Cedar Port spans approximately 15,000 acres of land with over 10,000 total acres available for sale, lease, design build, and build-to-suit developments. Sites are delivered “turn-key”—fully entitled with utilities, drainage, and detention. The Park is both barge-served and is dual-served by the Union Pacific and the BNSF railroads. Cedar Port can accommodate developments from 5 acres to more than 1,500 acres and currently has over 18 million square feet of industrial and manufacturing warehouses that are either existing or under construction.
For additional information please contact NAI Partners at 713.629.0500.
About NAI Partners
NAI Partners was founded and is headquartered in Houston and has offices in San Antonio and Austin; offers the geographic expertise to complete real estate transactions throughout the state; and can leverage the power of the NAI Global network to arrange deals in any location around the world. NAI Partners employs more than 180 real estate professionals, and arranges more transactions than any of its competitors, completing over 700 commercial lease and sale arrangements every year. NAI Partners is a full-service firm offering client leasing and sales solutions in the areas of Office Tenant Representation, Industrial Services, Retail Services, Office Project Leasing, Industrial Project Leasing, Retail Project Leasing, Property Services, Investment Sales, Valuation and Advisory Services, Project Services, Land Sales, and Life Sciences & Healthcare Services, among other lines of business. NAI Partners is the top Houston-based full-service commercial real estate firm on the Inc. 5000 list of fastest-growing private companies in America; the 5th-largest Houston-Area Commercial Real Estate Brokerage and #1 Mover of Square Feet among leasing and sales brokerages in Houston per the Houston Business Journal; the only commercial real estate firm on the Houston Business Journal’s Mid-Market 50 list; a top 12 largest San Antonio Commercial Real Estate Brokerage per the San Antonio Business Journal; and a top 20 Property Management Firm by square feet under management in Houston per the Houston Business Journal. NAI Partners has been named a Best Place to Work by the Houston Chronicle, Houston Business Journal and Austin Business Journal; and is among the University of Houston’s Cougar 100 Fastest-Growing Companies. Visit us on the web at www.naipartners.com. NAI Partners’ holding company is Partners Real Estate Company, which also owns Partners Capital, a real estate investment fund platform; and Partners Development, an in-house development company delivering ground-up, build-to-suit, and development investment projects. Visit Partners Real Estate Company on the web at www.partnersrec.com.