{"id":1004606323,"date":"2022-10-12T01:39:45","date_gmt":"2022-10-12T09:39:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004606323"},"modified":"2022-12-09T02:57:23","modified_gmt":"2022-12-09T10:57:23","slug":"lovett-industrial-kicks-off-570-ksf-houston-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/","title":{"rendered":"Lovett Industrial Kicks Off 570 KSF Houston Project"},"content":{"rendered":"<div id=\"attachment_1004606325\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004606325\" data-attachment-id=\"1004606325\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/greens-building-1-rendering-12222021\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg\" data-orig-size=\"900,675\" 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=\"Greens Building 1 rendering-12222021\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Rendering of Nexus North Logistics Park. Image courtesy of Lovett Industrial&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg?w=900\" class=\"wp-image-1004606325 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg 900w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004606325\" class=\"wp-caption-text\">Rendering of Nexus North Logistics Park. Image courtesy of Lovett Industrial<\/p><\/div>\n<p><strong>Lovett Industrial<\/strong> has commenced the development of Nexus North Logistics Park, a 567,140-square-foot industrial facility in Houston.<\/p>\n<p><strong>Pinnacle Bank<\/strong> provided a $40 million construction loan, according to Harris County records. The project is slated for completion in May 2023.<\/p>\n<p>Lovett Industrial chose Principal Greg Barra and Managing Principal Conrad Bernard of <strong>Boyd Commercial<\/strong> to market the property and oversee leasing.<\/p>\n<p>The Class A facility will feature 36-foot clear heights, 104 dock-high doors, 135 truck courts, with 336 parking spaces and 131 trailer stalls. The entire project is set to include a second building, of 367,920 square feet. The development team includes <strong>Burton Construction<\/strong> as general contractor, Stephen Klimas of <strong>MORE Architecture Studio<\/strong> as lead architect, while the project\u2019s civil engineer is Lester Jones of <strong>ALJ Lindsey<\/strong> LLC.<\/p>\n<p>The property is located in the North submarket, close to the Bush Intercontinental Airport and 20 miles from Houston. The site is next to Interstate 69 and has access to Beltway 8.<\/p>\n<p>Seth Flechsig, Lovett\u2019s market leader, stated in prepared remarks that Nexus North Logistics Park is the only building underway in this submarket that exceeds 500,000 square feet. Other industrial assets in the surrounding area include several logistics warehouses situated southwest of the construction site.<\/p>\n<p>Lovett Industrial currently has eight developments in the Greater Houston area. Upon completion, these projects will comprise approximately 11.5 million square feet. Just last month, the company, in a partnership with Cresset Partners, broke ground on <a href=\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-cresset-partners-kick-off-1-2-msf-project\/\">NorthPort Logistics Center<\/a>, a 1.2 million-square-foot facility in Conroe, Texas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pinnacle Bank provided $40 million in construction financing for the upcoming logistics park. <\/p>\n","protected":false},"author":2829,"featured_media":1004606325,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1589,22251,21748,21742],"tags":[51739,51738,44558],"class_list":["post-1004606323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-houston","category-in-focus","category-industrial","category-latest","tag-boyd-commercial","tag-lovett-industrial","tag-pinnacle-bank"],"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>Lovett Industrial Kicks Off 570 KSF Houston Project - CPE<\/title>\n<meta name=\"description\" content=\"Lovett Industrial has started the development of Nexus North Logistics Park, a 567,140-square-foot Class A industrial facility in Houston.\" \/>\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\/lovett-industrial-kicks-off-570-ksf-houston-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lovett Industrial Kicks Off 570 KSF Houston Project\" \/>\n<meta property=\"og:description\" content=\"Lovett Industrial has started the development of Nexus North Logistics Park, a 567,140-square-foot Class A industrial facility in Houston.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-12T09:39:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T10:57:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Madalina Pojoga\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/\",\"name\":\"Lovett Industrial Kicks Off 570 KSF Houston Project - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg\",\"datePublished\":\"2022-10-12T09:39:45+00:00\",\"dateModified\":\"2022-12-09T10:57:23+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7ced0369df035c845a1e5d647c62dd7a\"},\"description\":\"Lovett Industrial has started the development of Nexus North Logistics Park, a 567,140-square-foot Class A industrial facility in Houston.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg\",\"width\":900,\"height\":675,\"caption\":\"Rendering of Nexus North Logistics Park. Image courtesy of Lovett Industrial\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lovett Industrial Kicks Off 570 KSF Houston Project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7ced0369df035c845a1e5d647c62dd7a\",\"name\":\"Madalina Pojoga\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/MadalinaPojoga_AuthorPhoto.jpg?w=72\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/MadalinaPojoga_AuthorPhoto.jpg?w=72\",\"caption\":\"Madalina Pojoga\"},\"description\":\"Madalina Pojoga is an associate editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2022. Madalina is covering the self storage sector on MHN and industrial and medical office building assets for CPE. She has an academic background in film studies and performative arts.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/madalina-pojoga\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Lovett Industrial Kicks Off 570 KSF Houston Project - CPE","description":"Lovett Industrial has started the development of Nexus North Logistics Park, a 567,140-square-foot Class A industrial facility in Houston.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/","og_locale":"en_US","og_type":"article","og_title":"Lovett Industrial Kicks Off 570 KSF Houston Project","og_description":"Lovett Industrial has started the development of Nexus North Logistics Park, a 567,140-square-foot Class A industrial facility in Houston.","og_url":"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2022-10-12T09:39:45+00:00","article_modified_time":"2022-12-09T10:57:23+00:00","og_image":[{"width":900,"height":675,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg","type":"image\/jpeg"}],"author":"Madalina Pojoga","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/","url":"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/","name":"Lovett Industrial Kicks Off 570 KSF Houston Project - CPE","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg","datePublished":"2022-10-12T09:39:45+00:00","dateModified":"2022-12-09T10:57:23+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7ced0369df035c845a1e5d647c62dd7a"},"description":"Lovett Industrial has started the development of Nexus North Logistics Park, a 567,140-square-foot Class A industrial facility in Houston.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg","width":900,"height":675,"caption":"Rendering of Nexus North Logistics Park. Image courtesy of Lovett Industrial"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/lovett-industrial-kicks-off-570-ksf-houston-project\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Lovett Industrial Kicks Off 570 KSF Houston Project"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7ced0369df035c845a1e5d647c62dd7a","name":"Madalina Pojoga","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/MadalinaPojoga_AuthorPhoto.jpg?w=72","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/MadalinaPojoga_AuthorPhoto.jpg?w=72","caption":"Madalina Pojoga"},"description":"Madalina Pojoga is an associate editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2022. Madalina is covering the self storage sector on MHN and industrial and medical office building assets for CPE. She has an academic background in film studies and performative arts.","url":"https:\/\/www.commercialsearch.com\/news\/author\/madalina-pojoga\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Greens-Building-1-rendering-12222021-e1665483293925.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004606323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/2829"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004606323"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004606323\/revisions"}],"predecessor-version":[{"id":1004606584,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004606323\/revisions\/1004606584"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004606325"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004606323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004606323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004606323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}