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Second 1.2 million sq.-ft.- building developed by TGS in Cedar Port Industrial Park this year – first is no longer available
Baytown, TX, September 28, 2022 – TGS Cedar Port Partners, LP (TGS) announced today that they are erecting steel at TGS Cedar Port DC 4, a 1.2 million square foot distribution building. The new spec building will be delivered to the Houston market 1st quarter 2023 and will be the second 1.2 million sq.-ft. distribution building TGS has built in Cedar Port Industrial Park within the past 12 months. The first 1.2 million sq.-ft. building, DC 1, is no longer available to the market.
Located at 7505 Fisher Road in Baytown, Texas, the distribution building will have the ability to feature highly desirable amenities such as 40-foot clear height, 8” minimum slab, ring road around the entire building and truck court, up to 325’ truck courts, LED warehouse lighting, ESFR sprinkler system, and ample parking for cars and trailer storage. Additional land has the ability to be fully fenced and utilized as an area for additional trailer parking, car parking, and outside storage. DC 4 can accommodate over 1,000 trailer parking spaces, 1,000 car parking spaces, and has the ability to expand to over 2 million sq. ft. DC 4 is the first warehouse in Cedar Port’s 850-acre Tract 7 with flexible site expansion options. Fisher Rd, just off 99 Grand Parkway, is being expanded to a 5-lane heavy haul road as access to the site.
The building is located in the booming, multi-modal TGS Cedar Port Industrial Park, ideally located for warehousing, distribution, and fulfillment operations. The building’s location off Fisher Road and Cedar Port Parkway allows prime access to State Highway 99 (Grand Parkway) and is an approximate 15-minute drive to Port Houston’s Bayport and Barbours Cut container terminals. Industry leaders such as Walmart, Home Depot, Target, Floor & Décor, Article.com, Niagara Bottling, Webstaurant, Plastic Express, IKEA, Ravago, and Vinmar all have major distribution and fulfillment centers in TGS Cedar Port Industrial Park, taking advantage of the location off the Grand Parkway and access to abundant, cost-effective labor. TGS Cedar Port’s park customers total to be over 25% of Port Houston’s container volume.
With over 4 million sq. ft of lease absorption in the past 12 months, 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 when suitable land positions in desirable areas have become increasingly scarce. With the newly constructed segment of the Grand Parkway, park customers can easily travel to and from Port Houston’s container terminals with no stoplights. Business Facilities 2021 Rankings Report ranked TGS Cedar Port #2 Industrial Park in the U.S. and the largest U.S. Industrial Park with the best infrastructure.
TGS Cedar Port has kept 100% equity in all spec and build-to-suit projects and partnered with Guardian Life Insurance on financing DC 4. E.E. Reed Construction L.P. is the general contractor on the project, and Powers Brown Architecture is the architect. John Simons, Gray Gilbert, and Chris Haro with Partners are the leasing agents for the project.
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 11,000 total acres available for sale, lease, and build-to-suit developments. Sites are delivered “turn-key”, fully entitled with utilities, drainage, and detention. Cedar Port can accommodate developments from 5 to more than 1,500 acres and is both barge-served and dual-served by the Union Pacific and the BNSF railroads. The Park is one of the fastest growing industrial parks in North America with over 25 million square feet of industrial and manufacturing warehouses that are either existing or under construction.
For additional information please contact John Simons at 713.629.0500.
Partners is one of the largest independent commercial real estate firms in Texas. Partners was founded and is headquartered in Houston and has offices in San Antonio, Austin and Dallas; employs more than 200 real estate professionals; and completes over 1,000 commercial lease and sale transactions every year. Partners is a full-service commercial real estate firm providing client solutions via its services business for Office, Industrial, Retail, Land, Life Sciences, and Multifamily product types across Brokerage Services, which includes Tenant Representation, Investment Sales, and Land Sales; Investor Services, which includes Property Management, Project Leasing, Project Management, and Facilities Management; Valuation Services, which includes Valuation & Advisory, Litigation & Expert Witness Testimony, Property Tax Consulting, and Institutional Fund Valuation; and Project Services, which includes Construction Management and Space Management; and creating value for its investors through its Capital Group line of business, which includes its investment management platform specializing in the acquisition and disposition of office, industrial, and retail multitenant properties via multiple investment funds, and the development of retail, industrial, office, and mixed-use projects. Partners is the top Houston-based commercial real estate firm on the Inc. 5000 list of fastest-growing private companies in America; annually ranks in the top tier of the lists of largest and most-active full-service commercial real estate firms as published by the Texas-wide Business Journals; and is consistently among the highest-rated places to work in the cities the company operates in. Visit us on the web at www.partnersrealestate.com