{"id":1004726763,"date":"2024-08-27T01:19:53","date_gmt":"2024-08-27T09:19:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004726763"},"modified":"2024-09-03T08:33:12","modified_gmt":"2024-09-03T16:33:12","slug":"trammell-crow-breaks-ground-on-1-4-msf-houston-industrial-park","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-breaks-ground-on-1-4-msf-houston-industrial-park\/","title":{"rendered":"Trammell Crow Breaks Ground on 1.4 MSF Houston Industrial Park"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/blue-ridge-commerce-center-1-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"900\" data-attachment-id=\"1004726764\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-breaks-ground-on-1-4-msf-houston-industrial-park\/blue-ridge-commerce-center-1-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/blue-ridge-commerce-center-1-1.jpg\" data-orig-size=\"1200,900\" 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=\"blue-ridge-commerce-center-TCC\" data-image-description=\"&lt;p&gt;Project at 4141 McHard Road, Houston, Texas&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;To build Blue Ridge Commerce Center, a new traffic signal, as well as public roads and sidewalks will take shape. Image courtesy of Trammell Crow Co.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/blue-ridge-commerce-center-1-1.jpg?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/blue-ridge-commerce-center-1-1.jpg\" alt=\"Aerial rendering of TCC's Blue Ridge Commerce Center in Houston, Texas\" class=\"wp-image-1004726764\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/blue-ridge-commerce-center-1-1.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/blue-ridge-commerce-center-1-1.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/blue-ridge-commerce-center-1-1.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/blue-ridge-commerce-center-1-1.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption class=\"wp-element-caption\">Upon completion, Blue Ridge Commerce Center will comprise five industrial buildings.<em> Image courtesy of Trammell Crow Co.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Trammell Crow Co. has broken ground on Blue Ridge Commerce Center, a five-building, 1.4 million-square-foot industrial project in Houston. Completion is expected next summer.<\/p>\n\n\n\n<p>Seeberger Architecture provided design services while BGE served as civil engineer. E.E. Reed Construction is the project&#8217;s general contractor and Linco Construction Co. handles the public infrastructure works. Sumitomo Mitsui Banking Corp. is funding the development.<\/p>\n\n\n\n<p>Buildings 1, 4 and 5 will take shape as cross-dock facilities with 36-foot clear heights, ranging from 257,001 to 431,017 square feet. The 157,626-square-foot Building 2 will be a front-load structure with 32-foot clear heights while Building 3 will be a 153,928-square-foot facility with 28-foot clear heights.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/whats-driving-optimism-in-cre-baker-tillys-brent-maier-weighs-in\/\">What\u2019s Driving Optimism in CRE? Baker Tilly\u2019s Brent Maier Weighs In<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>TCC is pursuing <a href=\"https:\/\/www.commercialsearch.com\/news\/green-building-trends\/\">LEED certifications<\/a> for all five buildings. Plans also call for new underground utilities, a new regional stormwater detention pond and roof-mounted solar panels to reduce operating costs. <\/p>\n\n\n\n<p>CBRE handles property leasing. The brokerage team includes CBRE Senior Vice Presidents Cape Bell and Jason Dillee alongside Transaction Manager Kayla Ripple. &nbsp;<\/p>\n\n\n\n<p>Carrying the address 4141 McHard Road, the site is some 5 miles from U.S. Route 90, while Port of Huston is 21 miles northeast. William P. Hobby and George Bush Intercontinental airports are roughly 19 and 37 miles away, respectively.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-houston-s-industrial-pipeline-shrinks\">Houston&#8217;s industrial pipeline shrinks<\/h2>\n\n\n\n<p>Metro Houston\u2019s industrial pipeline totaled 10.9 million square feet of under-construction space as of June, according to a recent Cushman &amp; Wakefield report. A considerable shrink compared to last year\u2019s 27.1 million square feet underway during the same period.<\/p>\n\n\n\n<p>As developers brought the new supply online\u2014year-to-date through June, <a href=\"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-deliveries\/\">industrial deliveries<\/a> encompassed 10.9 million square feet, same as Houston\u2019s pipeline\u2014the metro\u2019s vacancy rate inched upward to 6.7 percent, up 100 basis points year-over-year, the report goes on to show. &nbsp;<\/p>\n\n\n\n<p>During the second quarter, construction began on 3.6 million square feet of industrial space. The figure surpassed 2023\u2019s 2 million square feet that broke ground during the same interval but fell short of last year&#8217;s first-quarter total of 6.8 million square feet.<\/p>\n\n\n\n<p>One of the projects that started construction in Q2 2024 was <a href=\"https:\/\/www.commercialsearch.com\/news\/vigavi-jv-starts-construction-on-north-houston-industrial-project\/\">WestPoint 45<\/a>. The 728,000-square-foot speculative development is slated for completion early next year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Completion of the five-building campus is expected next summer.<\/p>\n","protected":false},"author":3471,"featured_media":1004726764,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1589,21748,21742,51973],"tags":[32789,50185,51057,32893],"class_list":["post-1004726763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-houston","category-industrial","category-latest","category-southwest","tag-cbre","tag-reed-construction","tag-sumitomo-mitsui-bank","tag-trammell-crow-company"],"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>Trammell Crow Breaks Ground on 1.4 MSF Houston Industrial Park - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Trammell Crow Co. broke ground on Blue Ridge Commerce Center, a Class A industrial campus in Houston. 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