(To read more on the industrial market, click here.)
HOUSTON-Construction has begun on the first two industrialbuildings in the 77-acre Cole Creek Business Park. The developerhas signed Home Depot Supply to a medium-term lease for the211,680-sf warehouse while the other building, 168,480 sf, isrising as spec.
Costs for the project at the intersection of West Little Yorkand Fairbanks North Houston Roads were not available. Based on areacomps and construction costs, a similar project would cost $13million to $15 million to build. The buildings will be completed byJanuary 2007.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
