Site plan NEW BRAUNFELS, TX—Texas is emerging as a logistics center due to NAFTA trade and employment forecasts calling for continued growth along the San Antonio-Austin corridor. This is leading to a continued growth pattern for the logistics/distribution industry and can easily be linked to other targets such as automotive and specialty foods. To capitalize on the emerging growth of the logistics sector, the I-35 Logistics Center located on Interstate 35 has recently broken ground and construction has commenced. The 397,600-square-foot class-A warehouse has an expected delivery date of late 2016/early 2017, according to Stream Realty Partners , a real estate development and investment firm, and USAA Real Estate Company , real estate investment arm of USAA. Stream is developing the project to accommodate tenants from 87,000 to 397,000 square feet. The project will also offer up to 4.2 acres of fully entitled development-ready Interstate 35 frontage land, available for separate purchase. The 30-acre land site offers excellent access and visibility from Interstate 35 and is strategically located nine miles north of the Tri-County Business Park in Schertz, TX, 20 minutes from the San Antonio International Airport, 50 miles from Austin and 177 miles from Houston. The New Braunfels area offers just-in-time capabilities to Mexico, San Antonio and up through the Greater Austin area, with direct and easy access to the ports of Houston, Corpus Christi, San Antonio and Laredo. “We are privileged to partner with USAA Real Estate Company and secure a great land site for development in the heart of the San Antonio and Austin corridor,” said Michael T. Kent , senior associate, Stream Realty Partners. “As one of the many advantages of the project, I-35 Logistics Center allows tenants to quickly and efficiently service the entire Central Texas region, a priority for many of the businesses in our target market.” The new development will maximize efficiencies by offering 32-foot clear height, 280-foot building depth, 52 by 55-foot column spacing, 80 dock-high rear-load doors, 52 additional trailer drops, T5 lighting, early suppression fast response sprinklers and a circulation driveway outside the truck court. According to the Greater New Braunfels Economic Development Foundation: “It is difficult to accomplish marketing or manufacturing without logistical support. This process involves the integration of information, transportation, inventory, warehousing, material handling and packaging. The operating responsibility of logistics have become crucial in geographic positioning due to rising fuel costs and an expanding globalized market. New Braunfels makes logistics distribution easy due to its location at the intersection of IH-35 (north and south) and IH-10 (east and west). Railroad, freight, aviation and other regional highways are located nearby.” Some of the nearby logistics/transportation companies are Celerity Logistics Inc., Southeastern Freight Lines, Central Freight Lines Inc., Union Pacific and the cargo capabilities of the San Antonio International Airport . Speculative industrial is recording shrinking inventories and rising rents, which continue to make this sector attractive, as does a significant level of liquidity for completed projects. This sector has attracted strong investor demand and construction pipelines have surged in a number of markets, according to USAAA Real Estate. In particular, the light-bulk industrial space (150,000 to 350,000 square feet) offers strong investment potential with stable cash flow. This segment makes up approximately 20% of the industrial square footage in the US, and only 20% of this inventory is class A. The current stock has high levels of obsolescence and the segment is experiencing healthy demand. Net absorption for the class-A light-bulk industrial space has been consistently positive since 2006, with only one negative quarter during that period. Meanwhile, new construction has been limited, while vacancy rates remain tight relative to historical averages. Site plan NEW BRAUNFELS, TX—Texas is emerging as a logistics center due to NAFTA trade and employment forecasts calling for continued growth along the San Antonio-Austin corridor. This is leading to a continued growth pattern for the logistics/distribution industry and can easily be linked to other targets such as automotive and specialty foods. To capitalize on the emerging growth of the logistics sector, the I-35 Logistics Center located on Interstate 35 has recently broken ground and construction has commenced. The 397,600-square-foot class-A warehouse has an expected delivery date of late 2016/early 2017, according to Stream Realty Partners , a real estate development and investment firm, and USAA Real Estate Company , real estate investment arm of USAA. Stream is developing the project to accommodate tenants from 87,000 to 397,000 square feet. The project will also offer up to 4.2 acres of fully entitled development-ready Interstate 35 frontage land, available for separate purchase. The 30-acre land site offers excellent access and visibility from Interstate 35 and is strategically located nine miles north of the Tri-County Business Park in Schertz, TX, 20 minutes from the San Antonio International Airport, 50 miles from Austin and 177 miles from Houston. The New Braunfels area offers just-in-time capabilities to Mexico, San Antonio and up through the Greater Austin area, with direct and easy access to the ports of Houston, Corpus Christi, San Antonio and Laredo. “We are privileged to partner with USAA Real Estate Company and secure a great land site for development in the heart of the San Antonio and Austin corridor,” said Michael T. Kent , senior associate, Stream Realty Partners. “As one of the many advantages of the project, I-35 Logistics Center allows tenants to quickly and efficiently service the entire Central Texas region, a priority for many of the businesses in our target market.” The new development will maximize efficiencies by offering 32-foot clear height, 280-foot building depth, 52 by 55-foot column spacing, 80 dock-high rear-load doors, 52 additional trailer drops, T5 lighting, early suppression fast response sprinklers and a circulation driveway outside the truck court. According to the Greater New Braunfels Economic Development Foundation: “It is difficult to accomplish marketing or manufacturing without logistical support. This process involves the integration of information, transportation, inventory, warehousing, material handling and packaging. The operating responsibility of logistics have become crucial in geographic positioning due to rising fuel costs and an expanding globalized market. New Braunfels makes logistics distribution easy due to its location at the intersection of IH-35 (north and south) and IH-10 (east and west). Railroad, freight, aviation and other regional highways are located nearby.” Some of the nearby logistics/transportation companies are Celerity Logistics Inc., Southeastern Freight Lines, Central Freight Lines Inc., Union Pacific and the cargo capabilities of the San Antonio International Airport . Speculative industrial is recording shrinking inventories and rising rents, which continue to make this sector attractive, as does a significant level of liquidity for completed projects. This sector has attracted strong investor demand and construction pipelines have surged in a number of markets, according to USAAA Real Estate. In particular, the light-bulk industrial space (150,000 to 350,000 square feet) offers strong investment potential with stable cash flow. This segment makes up approximately 20% of the industrial square footage in the US, and only 20% of this inventory is class A. The current stock has high levels of obsolescence and the segment is experiencing healthy demand. Net absorption for the class-A light-bulk industrial space has been consistently positive since 2006, with only one negative quarter during that period. Meanwhile, new construction has been limited, while vacancy rates remain tight relative to historical averages.
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