Rendering of the Frontera Logistics Supersite. Picture courtesy of Koontz Corp.
Koontz Corp. has bought an 11-parcel, 188-acre lot for the event of Frontera Logistics Supersite, an eight-building, 2.8 million-square-foot industrial campus positioned off Interstate 35 in San Antonio.
Koontz acquired the land assemblage—one of many largest and final remaining infill websites contained in the Loop 410 hall—from 26 completely different homeowners. Carl Olson, president of Olson Properties, represented the sellers.
“An added benefit of this website is its direct entry and proximity to Mexico through Interstate 35 and the port of Laredo. Our trade is seeing extra nearshoring alternatives for manufacturing and meeting in Mexico which is a direct profit to the Texas Triangle’s capability to compete not solely regionally however globally,” Koontz Corp. President & CEO Bart Koontz informed Industrial Property Govt.
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Previously house to cornfields, the Frontera Logistics website was rezoned for industrial use. Beaty Palmer Architects designed the campus’ preliminary format, whereas Vickrey & Associates is offering engineering providers. Companions Actual Property will deal with leasing and gross sales on the property.
Architectural drawing of Frontera Logistics Supersite. Picture courtesy of Koontz Corp.
At full build-out, Frontera Logistics Supersite will tentatively embrace eight services starting from 160,000 to 1.1 million sq. toes, catering to manufacturing, distribution and warehousing corporations. The event is anticipated to create almost 2,000 jobs, San Antonio Metropolis Council Member Dr. Adriana Rocha Garcia mentioned in ready remarks.
The location’s location, within the western portion of the Texas Triangle, provides it direct entry to the four-metro megaregion’s three highways. For Koontz, the property’s key benefits embrace direct distribution entry to the Triangle’s inhabitants and its shut proximity to meeting capabilities throughout the Southern border, along with the widespread reshoring of producing capabilities within the U.S.
San Antonio’s industrial market carries on
San Antonio’s industrial market is emblematic of the sector’s prosperity throughout the nation. In keeping with a primary quarter 2023 report from JLL, the metro had 6.7 million sq. toes of toes of house underneath building as of March, shut behind the earlier quarter’s pipeline of 6.9 million sq. toes. Internet absorption accounted for 1.1 million sq. toes.
One of many metro’s present industrial developments is a five-building, 689,215-square-foot advanced taking form instantly throughout from San Antonio Worldwide Airport. Stream Realty Companions broke floor on the venture within the third quarter of final 12 months, with completion estimated this August.
