Partners Development Breaks Ground on Texas Campus

Partners Development and the Seguin Economic Development Corp. have celebrated the groundbreaking of the initial phase of Seguin Commerce Park, a 234,600-square-foot industrial campus in Seguin, Texas. The project’s first two buildings are scheduled for completion next year.

The company acquired the 20-acre site at North Heideke Street and Freeport Way in February 2025, with plans for an eight-building campus. The warehouses will range from 17,000 to 40,000 square feet.

Palladius originated a construction loan for the development, according to Yardi Matrix data.

All buildings will feature heavy-gauge steel and clear-span construction, grade-level doors, electrical service rated at 800 amps and 277/480 volts, ESFR sprinkler systems and the ability to accommodate secured yards. Each building will also include roughly 1,600 square feet of customizable office space. Buildings 1 through 6 will be crane-ready, with a hook height of 20 feet.

Additionally, Phases II and III can accommodate build-to-suit requirements of up to 140,000 square feet.

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Located within the Texas Triangle between Austin and San Antonio and along the Interstate 10 corridor, Phase I will comprise two 40,000-square-foot buildings at 1781 and 1775 N. Heideke St. The warehouses will be close to Texas State Highway 130 and some 18 miles south of Interstate 35. San Antonio is less than 40 miles away.

Partners Real Estate’s Partner Stan Nowak, SIOR, Vice President Andrew Alizzi, Senior Associate Colten Courtney and Managing Director John Colglazier oversee leasing.

Texas industrial pipeline strong despite rising construction costs

Dallas and Houston had two of the largest industrial construction pipelines in the U.S. as of August, according to a recent Yardi Matrix report. Dallas topped the list with 37.3 million square feet underway, equivalent to 3.5 percent of its existing inventory. Houston had 21.8 million square feet under construction, representing 3.1 percent of its stock.

As of October, San Antonio had some 30 million square feet in various stages of development across more than 90 properties.

Although rising construction costs have made developers more cautious, large industrial projects continue to move forward. In Texas, examples include Hillwood’s Alliance Westport 12, a 1.2 million-square-foot industrial project in Dallas, and Transwestern and Hanover Co.’s 749,016-square-foot warehouse in Houston. Both developments are slated for delivery in 2027.