{"id":1004778061,"date":"2025-11-14T03:55:58","date_gmt":"2025-11-14T11:55:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004778061"},"modified":"2025-11-14T05:50:06","modified_gmt":"2025-11-14T13:50:06","slug":"imarketamerica-to-kick-off-2-2-msf-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/imarketamerica-to-kick-off-2-2-msf-project\/","title":{"rendered":"iMarketAmerica to Kick Off 2.2 MSF Project"},"content":{"rendered":"\n

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\n
\"Rendering<\/a>
Gradiant Technology Park will include heavy industrial and mixed-use space. Image courtesy of iMarketAmerica<\/em><\/figcaption><\/figure><\/div>\n\n\n

iMarketAmerica will commence construction on Gradiant Technology Park, a 2.2 million-square-foot industrial campus in Taylor, Texas. This is the company\u2019s first development and will serve as its new headquarters.<\/p>\n\n\n\n

The groundbreaking is scheduled for Nov. 17. The project will be developed in three phases.<\/p>\n\n\n\n

The first one will consist of two buildings totaling 350,000 square feet, which are expected to come online in the last quarter of next year.<\/p>\n\n\n\n

CBRE\u2019s Austin and Korea Desk North America teams are providing leasing and marketing services for the project.<\/p>\n\n\n\n

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READ ALSO<\/strong>: Semiconductor Boom Continues to Boost CRE<\/a><\/p>\n\n\n\n

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Gradiant Technology Park will be in Williamson County, within the North Austin submarket, and is positioned toward supporting and serving Samsung-affiliated providers and other nearby players in the semiconductor industry. Samsung is also developing its $17 billion chip manufacturing plant<\/a> in Taylor.<\/p>\n\n\n\n

Additionally, the industrial park will be within the Texas Triangle, one of the country’s megaregions, with quick access to the state\u2019s four main metropolitan areas and facilitating cross-border trade with Mexico<\/a>.<\/p>\n\n\n\n

A 13-building industrial development<\/h2>\n\n\n\n

The campus will span 212 acres and have warehouse, manufacturing and research-and-design space, as well as commercial space. The project is set to include 13 industrial facilities and three support buildings dedicated to amenities, retail and office space, a gas station and on-site electrical substations.<\/p>\n\n\n\n

Besides iMarketAmerica taking space within the project, there are also build-to-suit, land acquisitions and leasing options. Land purchase options range from 4 to 32 acres, while build-to-suit options range from 50,000 to 600,000 square feet.<\/p>\n\n\n\n

CBRE First Vice President Joe Novek and Senior Associate Roger Hanks, along with Executive Vice President Steven Chon and Senior Vice President Sofi Choi, will handle leasing and marketing services.<\/p>\n\n\n\n

The developer serves as the U.S. subsidiary of iMarketKorea, a company specializing in procurement services, supply chain management and distribution solutions. Founded in 2000 as a procurement partner for Samsung Group, iMarketKorea expanded internationally with the establishment of its U.S. subsidiary in 2012. Samsung Group continues to maintain an equity stake in the parent company.<\/p>\n\n\n\n

Semiconductor hubs in the making<\/h2>\n\n\n\n

Elsewhere in Texas, four semiconductor plant projects are set to receive $40 billion<\/a> for ramping up construction. Developer Texas Instruments has a mega-site in Sherman, Texas, where two plants are well underway and other two are planned. The company plans a total investment of $60 billion, which includes a Lehi, Utah, site expansion.<\/p>\n\n\n\n

Another recent capital deployment in the industry came from NexPoint, which raised $137 million in equity<\/a> for its semiconductor manufacturing DST. The company owns a nearly 400,000-square-foot manufacturing plant within the Inland Empire, fully leased to Skorpios Technologies.<\/p>\n\n\n\n

These recent expansions mirror broader industrial market trends<\/a> nationwide, contributing to the ongoing surge in manufacturing growth and reinforcing the sector\u2019s position as one of the most sought-after asset classes. Last year, GlobalFoundries also unveiled plans for a 10-year investment strategy for the expansion of its Fab 8 semiconductor manufacturing site in Saratoga County. The company plans to deploy up to $11.6 billion<\/a>, while also gaining federal investments through the U.S. CHIPS and Science Act.<\/p>\n","protected":false},"excerpt":{"rendered":"

This heavy industrial complex will serve Samsung-affiliated providers and other tech companies.<\/p>\n","protected":false},"author":2991,"featured_media":1004778062,"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":[52699,36489],"class_list":["post-1004778061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-development","category-industrial","category-latest","category-southwest","tag-imarketamerica","tag-samsung"],"acf":[],"yoast_head":"\niMarketAmerica to Kick Off 2.2 MSF Project - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"iMarketAmerica is set to break ground on a 2.2 million-square-foot industrial park in Taylor, Texas, its first development in the U.S.\" \/>\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\/imarketamerica-to-kick-off-2-2-msf-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"iMarketAmerica to Kick Off 2.2 MSF Project\" \/>\n<meta property=\"og:description\" content=\"iMarketAmerica is set to break ground on a 2.2 million-square-foot industrial park in Taylor, Texas, its first development in the U.S.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/imarketamerica-to-kick-off-2-2-msf-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=\"2025-11-14T11:55:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-14T13:50:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1658\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\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\/imarketamerica-to-kick-off-2-2-msf-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/imarketamerica-to-kick-off-2-2-msf-project\/\",\"name\":\"iMarketAmerica to Kick Off 2.2 MSF Project - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/imarketamerica-to-kick-off-2-2-msf-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/imarketamerica-to-kick-off-2-2-msf-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg\",\"datePublished\":\"2025-11-14T11:55:58+00:00\",\"dateModified\":\"2025-11-14T13:50:06+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"iMarketAmerica is set to break ground on a 2.2 million-square-foot industrial park in Taylor, Texas, its first development in the U.S.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/imarketamerica-to-kick-off-2-2-msf-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/imarketamerica-to-kick-off-2-2-msf-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/imarketamerica-to-kick-off-2-2-msf-project\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg\",\"width\":1658,\"height\":1080,\"caption\":\"Rendering of Gradiant Technology Park, that will be developed in three phases and will include heavy industrial and mixed-use space. 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