HOUSTON–A joint venture between Hillwood InvestmentProperties and Copeland Commercial willbreak ground on a 717,706-square-foot office andlogistics park. The speculative development is located in theNorth Houston submarket, south of FM 1960.

The master-planned park will be built in multiple stages.Phase one will consist of two properties: a 32'clear, 284,170-square-foot building and a 28' clear,129,936-square-foot building. They will include amenities like ESFRsprinkler systems, expansive truck courts and room for both trailerand outside storage.

“This location is ideal for tenants serving the greater northHouston markets,” John Thomas of Hillwood tellsGlobeSt.com. “More specifically, we see three types of businessthat would benefit from this location: companies who may want to beclose to the new Exxon facility, tenants who want to service all ofnorth Houston and the Woodlands, as well as tenants who need to beclose to the airport. In general, we are talking about officedistribution tenants, as well as light assembly and servicecompanies.”