{"id":1004745264,"date":"2025-02-03T06:27:10","date_gmt":"2025-02-03T14:27:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004745264"},"modified":"2025-02-03T06:53:25","modified_gmt":"2025-02-03T14:53:25","slug":"trammell-crow-clarion-kick-off-628-ksf-industrial-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-clarion-kick-off-628-ksf-industrial-project\/","title":{"rendered":"Trammell Crow, Clarion Kick Off 628 KSF Industrial Project"},"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\/2025\/02\/weiser-business-park-phase-iii.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"900\" data-attachment-id=\"1004745265\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-clarion-kick-off-628-ksf-industrial-project\/weiser-business-park-phase-iii\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/weiser-business-park-phase-iii.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=\"weiser-business-park-phase-iii\" data-image-description=\"&lt;p&gt;Aerial shot of the construction site of the industrial projects at 14311 and 14281 Fallbrook Drive, Cypress, Texas&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The 130-acre master-planned industrial park rises on the site of a former airport. Image courtesy of Trammell Crow Co.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/weiser-business-park-phase-iii.jpg?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/weiser-business-park-phase-iii.jpg\" alt=\"Aerial shot of the construction site of Weiser Business Park's third and final phase.\" class=\"wp-image-1004745265\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/weiser-business-park-phase-iii.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/weiser-business-park-phase-iii.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/weiser-business-park-phase-iii.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/02\/weiser-business-park-phase-iii.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption class=\"wp-element-caption\">The 130-acre master-planned industrial park is rising on the site of a former airport. <em>Image courtesy of Trammell Crow Co.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>A joint venture between Trammell Crow Co. and Clarion Partners has broken ground on the third and final phase of Weiser Business Park in Cypress, Texas. Upon completion in October 2025, this stage will add 628,012 square feet of speculative industrial space in two buildings, expanding the campus to 1.7 million square feet.<\/p>\n\n\n\n<p>Cadence Bank provided construction financing, which according to CommercialEdge clocked in at $32.5 million. Cadence also issued a note of $31.9 million for the previous phase, which debuted in 2023 and added 521,600 square feet to the industrial park.<\/p>\n\n\n\n<p>Seeberger Architecture provided design services for phase three, which comprises two facilities. A&amp;F General Contractors&nbsp;is also part of the development team. The same crew worked on Weiser Business Park\u2019s second phase.<\/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-next-for-industrial-real-estate\/\">Industrial Real Estate\u2019s Future Depends on Adaptability<\/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>The duo will feature a cross-dock configuration and 36-foot clear heights, as well as a combined total of 136 dock doors and eight ramp doors. The two buildings will pursue LEED certification upon completion.<\/p>\n\n\n\n<p>The 130-acre Weiser Business Park rose on the site of the former Weiser Airpark, which opened in the mid-1940s and shuttered its operations in 2019. Carrying the addresses 14311 and 14281 Fallbrook Drive, the last two infill construction sites are 24 miles northwest of downtown Houston. <\/p>\n\n\n\n<p>Buildings one through four are 93 percent leased. The tenant roster includes Western Post, a warehousing operator based in China, and Pratt Industries, a packaging manufacturing company, as well as R.S. Hughes, a distributor of industrial supplies, among others.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-metro-houston-s-industrial-starts-outpace-deliveries\">Metro Houston&#8217;s industrial starts outpace deliveries<\/h2>\n\n\n\n<p>Greater Houston\u2019s industrial pipeline encompassed 11.5 million square feet of space underway in December, according to a Cushman &amp; Wakefield report. <a href=\"https:\/\/www.commercialsearch.com\/news\/how-speculative-development-addresses-supply-chain-challenges\/\">Speculative industrial developments<\/a> accounted for 95 percent of the total under-construction space. <\/p>\n\n\n\n<p>During 2024\u2019s last quarter, construction starts clocked in at 4.0 million square feet, outpacing <a href=\"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-deliveries\/\">industrial deliveries<\/a>\u2014which landed at 2.0 million square feet\u2014for the first time since 2022\u2019s fourth quarter, the report shows.<\/p>\n\n\n\n<p>The market\u2019s vacancy rate stood at 5.5 percent at the end of 2024, a 120-basis point decline compared to 2023, the same source reveals. This drop was due to less supply hitting the market last year. Just 16.4 million square feet of industrial space debuted in 2024, as opposed to 35 million square feet in 2023.<\/p>\n\n\n\n<p>As deliveries dwindled and vacancy tempered, new projects may take root in select submarkets this year, Cushman &amp; Wakefield predicts. One industrial development that broke ground earlier this year was the 463,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/idv-standard-break-ground-on-houston-industrial-park\/\">Patriot Business Park<\/a> in Houston\u2019s Northern submarket. Investment &amp; Development Ventures and Standard Real Estate teamed up for the campus, which is slated for delivery in 2025\u2019s third quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With this final phase, the developers will expand the Houston-area industrial park to 1.7 million square feet.<\/p>\n","protected":false},"author":3471,"featured_media":1004745265,"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":[50854,32790,32893],"class_list":["post-1004745264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-houston","category-industrial","category-latest","category-southwest","tag-cadence-bank","tag-clarion-partners","tag-trammell-crow-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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