(To read more on the industrial market, click here.)
HOUSTON-In its first speculative effort in the area, IDI willdevelop Greenspoint Business Park, a 103-acre, 1.2-million-sfindustrial and flex project. Groundbreaking for the $50-millionpark is imminent, with the first phase ticketed to deliver in thefourth quarter.
The first phase will consist of three buildings: a 244,864-sfcross-dock, 106,698-sf rear-load and 54,818-sf service center.Future development will take place as the need and demand arisesfor warehouse, distribution and logistics companies. Thedevelopment site sits at the intersection of Aldine Bender Road andInterstate 45 in the northern sector near Beltway 8.
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