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Class A Industrial Park Offers ±511,000 SF of Modern Industrial Space
Selma, TX, October 22, 2024 – Ackerman & Co., a leading private, full-service commercial real estate firm, and Partners Real Estate, one of the largest independent commercial real estate firms in Texas, have announced the completion of Corporate Drive Industrial Complex, a new Class A industrial park located less than a mile from I-35 in Selma, Texas.
The ±511,000-square-foot development is composed of two buildings:
- Building 1: ±274,000 SF
- Building 2: ±237,000 SF
Corporate Drive Industrial Complex is designed for optimal distribution efficiency, featuring 32’-36’ clear heights, 60 dock doors, two drive-in bays, and zoning for I-1. With flexible space configurations, the complex is ideal for owner-users or multi-tenant occupancy. It also features 647 parking spaces with the option for 88 additional spaces, ESFR fire protection, and a robust 480/277 3-phase power setup with 2,000-AMP capacity.
“Corporate Drive showcases Ackerman’s commitment to meet the increasing demand for Industrial space in Texas,” said Jeff Bryant, Principal & Senior Vice President, Ackerman & Co. “This project builds on the success of our 307,000-square-foot Doerr Lane Logistics Center in nearby Schertz, Texas, which our leasing team at Partners fully leased before construction was even finished. We’re focused on identifying prime locations throughout the Texas Triangle that have access to large-scale utilities like power, water, and fiber to meet the rising industrial demand.”
Bryant also highlighted the company’s future plans: “Our upcoming project, TriPoint Logistics Center, is another significant step in Ackerman’s industrial development strategy in Texas. Located in Seguin, TriPoint spans 119 acres and will offer up to 2 million square feet of build-to-suit logistics and manufacturing space. Its proximity to major highways and infrastructure makes it ideal for large-scale operations.”
TriPoint Logistics Center is located along the Guadalupe River in Seguin, a pro-business hub that has become a regional center for manufacturing, retail, and healthcare. The site boasts modern warehousing facilities, ample access to power and water, and fiber-optic connectivity, making it an ideal choice for regional and national distribution.
Corporate Drive Industrial Complex and TriPoint Logistics Center continue Ackerman & Co.’s industrial development efforts in collaboration with Baltisse, a leading investment firm based in Belgium. Together, Ackerman and Baltisse have industrial projects totaling $500 million across the U.S., with a focus on the Southeast and Texas regions.
The Partners brokerage team of John Colglazier Jr., Kyle Kennan and Lindsey Tucker are leading leasing efforts at Corporate Drive and TriPoint.
About Ackerman
Ackerman & Co. a leading private full-service commercial real estate firm in the Southeast U.S., focused on providing quality investment, brokerage, management and development services. The company, founded in 1967, retains an expert team of 100 real estate professionals. To date, Ackerman & Co. has developed and acquired 44 million square feet of office, medical, industrial, retail and mixed-use space, has 4.5 million square feet under management, and maintains an investment portfolio valued at $1 billion. For more information, visit www.ackermanco.com
About Baltisse
Baltisse is a Belgian privately owned company, active in private equity, asset management and real estate. Its real estate branch, Baltisse Real Estate, is a leading real estate investment firm with a focus on value creation through strategic acquisitions and development projects. With a diversified portfolio spanning residential, commercial, and mixed-use properties, Baltisse Real Estate is committed to delivering innovative real estate solutions that enhance communities and drive sustainable growth. www.baltisse.com
