{"id":1004179291,"date":"2017-06-07T22:43:47","date_gmt":"2017-06-08T06:43:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004179291"},"modified":"2022-12-09T02:51:44","modified_gmt":"2022-12-09T10:51:44","slug":"southpark-commerce-centers-new-project-breaks-ground","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/southpark-commerce-centers-new-project-breaks-ground\/","title":{"rendered":"Southpark Commerce Center&#8217;s New Project Breaks Ground"},"content":{"rendered":"<p><em>By Anca Gagiuc<\/em><\/p>\n<div id=\"attachment_1004179294\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004179294\" data-attachment-id=\"1004179294\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/southpark-commerce-centers-new-project-breaks-ground\/southpark-commerce-center-aerial\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg\" data-orig-size=\"2500,1755\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Southpark Commerce Center aerial\" data-image-description=\"&lt;p&gt;Southpark Commerce Center aerial&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Southpark Commerce Center &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?w=1024\" class=\"wp-image-1004179294 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg\" alt=\"Southpark Commerce Center\" width=\"300\" height=\"211\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg 2500w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=300,211 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=768,539 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=1024,719 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=1536,1078 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=2048,1438 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=150,105 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=696,489 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=1068,750 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=1920,1348 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=598,420 598w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Southpark-Commerce-Center-aerial.jpg?resize=100,70 100w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004179294\" class=\"wp-caption-text\">Southpark Commerce Center<\/p><\/div>\n<p>Southpark Commerce Center&#8217;s newest 351,171-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/new-logistics-building-coming-to-metro-atlanta\/\" target=\"_blank\" rel=\"noopener noreferrer\">speculative project<\/a>\u00a0broke ground in southeast Austin. Behind it is Ridge, the industrial development arm of Transwestern Development Co., which anticipates it will be delivered in the fourth quarter of 2017.<\/p>\n<p>The three-building development is situated on 24.2 acres near Interstate 35 and State Highway 71, four miles from Austin International Airport and 75 miles from San Antonio. The industrial park has access to I-35 and convenience to State Highway 360 via the Ben White Highway\/Highway 71.<\/p>\n<p>The three Class A buildings are designed for multi-tenant use with the following features:<\/p>\n<ul>\n<li>The first building is\u00a0a 73,832-square-foot service center with\u00a024-foot clear height, 50-by-50-foot column spacing, 24 dock doors and 180 parking spaces.<\/li>\n<li>The second asset\u00a0is\u00a0a rear-load warehouse comprising 114,107 square feet. Features include 155-foot depth, 24-foot clear height, 50-by-50-foot column spacing, 34 dock doors and 163 parking spaces.<\/li>\n<li>The third property is a 162,232-square-foot rear-load warehouse with\u00a0180-foot depth, 24-foot clear height, 50-by-45-foot column spacing, 43 dock doors and 124 parking spaces.<\/li>\n<\/ul>\n<p>Once it will be finalized, Southpark Commerce Center will total 2.3 million square feet. Ty Puckett and Josh Delk with Transwestern Development Co. led the development of the park&#8217;s existing 1.6 million-square-foot facilities, built on the former Barkley Family Farm. Major tenants include AT&amp;T, Life Technologies Corp., Medline Industries, National Circuit Assembly, Sleep Experts and the Travis Association for the Blind, which has acquired the only remaining site at the park for a 350,000-square-foot, owner-occupied facility.<\/p>\n<p><em>&#8220;Austin has consistently been a top performer nationally in terms of job growth, and the industrial market continues to show strong fundamentals,&#8221;<\/em>\u00a0Ben Newell, senior vice president at Ridge, said in prepared remarks. &#8220;<em>Specifically, absorption in the city\u2019s southeast submarket has significantly consisted of preleased space or users purchasing projects during construction. These compelling factors make us confident that now is an ideal time to begin a speculative project to meet future industrial demand.&#8221;<\/em><\/p>\n<p><em>Image courtesy of Transwestern<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The three-building, 351,171-square-foot industrial park will occupy a 24.2-acre site in southeast Austin. The project is slated for completion by the end of 2017.<\/p>\n","protected":false},"author":237,"featured_media":1004179294,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21782,21748,21742],"tags":[35975,35976,33313],"class_list":["post-1004179291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-development","category-industrial","category-latest","tag-ridge-development","tag-southpark-commerce-center","tag-transwestern"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Southpark Commerce Center&#039;s New Project Breaks Ground - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/southpark-commerce-centers-new-project-breaks-ground\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Southpark Commerce Center&#039;s New Project Breaks Ground\" \/>\n<meta property=\"og:description\" content=\"The three-building, 351,171-square-foot industrial park will occupy a 24.2-acre site in southeast Austin. 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