Industry News

20+ Bldg. Tiltwall Crane-Served Office/Warehouse with Yard and Offsite Detention

The Industrial Guys are at it again! Katy's new Grand Parkway Industrial Park is now acccepting Build-to-Suit and Design Build applications for their 20+ building, 70 acre Tiltwall Crane-Served Office/Warehouse with Yard and Offsite Detention industrial park called Grand Parkway Industrial.

Located in the heart of Houston's Energy Corridor and just outside Houston's city limits in Katy, Texas approximately two and half miles north of I-10, Katy Freeway and just off the new Grand Parkway (99) that connects I-10 to 290 at Clay and Peek roads.

Capital Real Estate Investment's Principal, Richard Rolland, states "I am excited that the vision that was cast back in March of 2012 is now becoming a reality. The process of vetting over 40 tracts in the Katy/Grand Parkway area helped us to learn so much about the end-user needs, pricing and locations that would fit the needs of the Energy Corridor's oil & gas industrial market. Developing this particular tract is a critical piece to our success and we believe this industrial park will change the way the industrial real estate market looks at and develops future facilities of this type."

Capital Real Estate Commercial
7720 Westview Drive
Houston, Texas 77055
p.713.681.1100
f.713.681.1114
www.cretx.com

Houston is the global hub for international oil and gas operations and Capital Real Estate Investments, is developing the site as an ideal location and product serving the U.S. and global energy oil and gas market, which supplies essential oilfield equipment for nearby U.S. companies such as ExxonMobil, ConocoPhillips, Shell, and BP, who are already are well-positioned in the energy corridor west of Houston.

Principal Marc Deer states, "although there are several single tenant complexes going up in the Energy Corridor/Katy area, we believe we are pioneers in the development and construction of these 20-plus spec buildings, but we are just that confident in our product and location due to Houston's booming industrial crane-served, stabilized yard market, fueled mainly by the oil & gas industries demand for more facilities of this type."

Capital Real Estate Commercial's Managing Broker, Hart Schleicher, states "at Grand Parkway Industrial, a company can either purchase or lease one of our crane ready buildings with stabilized yard, have it built to their specifications and move in within 6 months", "The property also features, three-phase power, grade-level or dock high distribution doors, truck wells and offsite detention, which is a major benefit for our tenants." Schleicher added.

Broker Frank Blackwood states that "these sites are also prime US locations for international energy companies based in Saudi Arabia, Brazil, UAE/Dubai, Canada, Mexico, Singapore, Venezuela, UK and other energy-rich countries to have a presence in the oil & gas capital of the world. At Grand Parkway Industrial, this build-to-suit, crane-ready site might be the best we've ever offered to international energy companies and the Houston industrial market."

Even established Houston-area manufacturing and distribution companies might consider relocation to Grand Parkway Industrial due to the area's business and resident friendly neighborhoods, high quality of living and excellent education in the area's two high-achieving school districts, Katy and Cypress-Fairbanks. The Houston Energy Corridor is both a great place to work and live.

"The timing of this launch is perfect, states Rolland and by the 1st quarter of 2014, the reality of Grand Parkway Industrial hits the market. We welcome interested companies to come in and sit down with our development and brokerage team to tailor a facility that will fit your needs."