X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DEER PARK, TX-Construction has begun on the 104,000-sf Battleground Distribution Center at US Highway 225 and Battleground Road in Deer Park, southeast of Houston. The industrial project is located a couple miles west of the Barbours Cut Container Terminal near the Houston Ship Channel.

Vantage Cos. is the lead investor and partner and Clay Development & Construction is handling design and construction. Both Houston-based firms will work to lease the structure, quoting rates from 32 cents per sf to 34 cents per sf. “We have followed Clay’s activity on building smaller buildings and feel Clay is the ideal partner for this type of venture,” Stephen H. Jaggard, Vantage president, said in a press release.

Jaggard tells GlobeSt.com that the undertaking is one of the first speculative buildings to be constructed in years in the area. He says Vantage has been eyeing land in and around the Houston Ship Channel for a long time. With the area now “matured,” Jaggard says it’s time to build.

The building will be positioned on five acres in the 34-acre Battleground Industrial Park, bought last year by Clay Development. It is designed with 24-foot clear heights, an ESFR sprinkler system, custom-finished offices and ample parking. The distribution center will deliver in late October. Frost Bank provided construction financing for the project.

With 34 acres to build out, Clay Development is working on a 30,000-sf build-to-suit and 24,500-sf, single-tenant speculative building. The firm also secured a lease with Dresser Inc. for a 73,000-sf build-to-suit manufacturing facility.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.