{"id":1004710703,"date":"2024-04-18T01:40:47","date_gmt":"2024-04-18T09:40:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004710703"},"modified":"2024-04-18T01:40:49","modified_gmt":"2024-04-18T09:40:49","slug":"logistics-property-enters-austin","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/logistics-property-enters-austin\/","title":{"rendered":"Logistics Property Enters Austin"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"750\" data-attachment-id=\"1004710707\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/logistics-property-enters-austin\/12821-titanium-street-austin-texas\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/12821-Titanium-Street-Austin-Texas.jpg\" data-orig-size=\"1000,750\" 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;1660677878&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=\"12821 Titanium Street, Austin, Texas\" data-image-description=\"&lt;p&gt;The development at 12821 Titanium St. in Austin, Texas.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The 400,000-square-foot industrial development will feature a cross-dock facility and a rear-load warehouse. Image courtesy of Logistics Property Co. LLC&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/12821-Titanium-Street-Austin-Texas.jpg?w=1000\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/12821-Titanium-Street-Austin-Texas.jpg\" alt=\"The development at 12821 Titanium St. in Austin, Texas.\" class=\"wp-image-1004710707\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/12821-Titanium-Street-Austin-Texas.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/12821-Titanium-Street-Austin-Texas.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/12821-Titanium-Street-Austin-Texas.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption class=\"wp-element-caption\">The 400,000-square-foot industrial development will feature a cross-dock facility and a rear-load warehouse. <em>Image courtesy of Logistics Property Co.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Logistics Property Co. is entering Austin, Texas, with the development of a two-building industrial park. Groundbreaking on the more than 400,000-square-foot project is scheduled for this quarter, with completion expected in the second quarter of next year. AQUILA Commercial will handle leasing the campus.<\/p>\n\n\n\n<p>The industrial park will rise on more than 31 acres at 12821 Titanium St. The location is in the Northeast Austin submarket, close to highways 130 and 290. Downtown Austin is within 16 miles of the property, while Austin-Bergstrom International Airport is some 18 miles away.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/top-5-emerging-industrial-markets\/\">Top 5 Emerging Industrial Markets in 2024<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p>Set to encompass nearly 175,000 square feet, Building 1 will be a rear-load warehouse with 32-foot clear heights, 36 dock-high loading doors, two ramps and eight levelers, as well as a 60- by 52-foot column spacing. Additionally, the development will have a 2,500-square-foot speculative office space, a 210-foot truck court and 361 car parking spaces.<\/p>\n\n\n\n<p>Building 2 will be a 233,000-square-foot cross-dock facility with 36-foot clear heights, 185-foot truck court, 72 dock-high loading doors, four ramps and 16 levelers. The distribution center will also feature 196 parking spots, 48 trailer stalls and a 3,000-square-foot speculative office space.<\/p>\n\n\n\n<p>AQUILA Commercial Senior Vice President Blake Patterson and Principal Omar Nasser will conduct the leasing efforts at the property. Last year, the duo was also tapped to lease a<a href=\"https:\/\/www.commercialsearch.com\/news\/hines-breaks-ground-on-684-ksf-austin-industrial-center\/\"> four-building industrial center<\/a> that is expected to come online in the fourth quarter of this year. That development is coming online some 6 miles from 12821 Titanium St.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-austin-s-industrial-inventory-is-growing\">Austin\u2019s industrial inventory is growing<\/h2>\n\n\n\n<p>Austin\u2019s industrial sector saw 3.1 million square feet of completions in the first quarter of this year, according to a <a href=\"https:\/\/www.cbre.com\/insights\/figures\/austin-industrial-figures-q1-2024\">CBRE industrial report<\/a>. Meanwhile, more than 16 million square feet were under construction.<\/p>\n\n\n\n<p>Last month, Titan Development received city approvals for the construction of Leander 183 Commerce Center, an industrial campus that will measure up to 1.3 million square feet. The <a href=\"https:\/\/www.commercialsearch.com\/news\/titan-development-to-build-1-3-msf-austin-area-industrial-campus\/\">115-acre development<\/a> will be built in three phases, with completion scheduled in 2036.<\/p>\n\n\n\n<p>In January, Patrinely and Realterm broke ground on Airfield 130, a <a href=\"https:\/\/www.commercialsearch.com\/news\/patrinely-realterm-break-ground-on-austin-industrial-campus\/\">439,300-square-foot project<\/a>. Upon full buildout, the campus will include four buildings ranging from 75,000 to 150,000 square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This two-building campus is expected to come online next year.<\/p>\n","protected":false},"author":3355,"featured_media":1004710707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21782,21748,21742,51973],"tags":[37534,52042],"class_list":["post-1004710703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-development","category-industrial","category-latest","category-southwest","tag-aquila-commercial","tag-logistics-property-co"],"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>Logistics Property Enters Austin - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Logistics Property Co. is entering Austin, Texas, with the development of an industrial campus totaling more than 400,000 square feet.\" \/>\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\/logistics-property-enters-austin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Logistics Property Enters Austin\" \/>\n<meta property=\"og:description\" content=\"Logistics Property Co. is entering Austin, Texas, with the development of an industrial campus totaling more than 400,000 square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/logistics-property-enters-austin\/\" \/>\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=\"2024-04-18T09:40:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-18T09:40:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/12821-Titanium-Street-Austin-Texas.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vicentiu Fusea\" \/>\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\/logistics-property-enters-austin\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/logistics-property-enters-austin\/\",\"name\":\"Logistics Property Enters Austin - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/logistics-property-enters-austin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/logistics-property-enters-austin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/12821-Titanium-Street-Austin-Texas.jpg\",\"datePublished\":\"2024-04-18T09:40:47+00:00\",\"dateModified\":\"2024-04-18T09:40:49+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412\"},\"description\":\"Logistics Property Co. is entering Austin, Texas, with the development of an industrial campus totaling more than 400,000 square feet.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/logistics-property-enters-austin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/logistics-property-enters-austin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/logistics-property-enters-austin\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/12821-Titanium-Street-Austin-Texas.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/12821-Titanium-Street-Austin-Texas.jpg\",\"width\":1000,\"height\":750,\"caption\":\"The 400,000-square-foot industrial development will feature a cross-dock facility and a rear-load warehouse. 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