Interpark Logistics Middle is scheduled for completion in August 2023.
Stream Realty Companions has began development on Interpark Logistics Middle, a five-building, 689,215-square-foot industrial complicated in San Antonio. Stream Government Vice President Michael Kent and Vice President Payton Ryan will oversee the leasing of the event following its completion in August 2023. The corporate’s San Antonio department may also present property administration providers for the brand new mission.
Interpark Logistics Middle is Stream’s second San Antonio industrial mission launched this 12 months, following the groundbreaking of OneFiftyOne Medical Workplace, a 60,000-quare-foot medical growth.
The Class A workplace and warehouse buildings will vary in dimension from 119,000 to 155,000 sq. toes, with 24 to 40 dock doorways and 32-foot clear heights. The complicated may also provide a complete of 820 automotive parking areas and 125 trailer parking spots. The event is located between U.S. Freeway 281 and Wurzbach Parkway, instantly throughout from San Antonio Worldwide Airport and inside 12 miles of Downtown San Antonio for fast transport and success.
Texas high market
Regardless of a nationwide scarcity of land and provide chain woes, the economic sector is experiencing strong progress. Texas stays the biggest hub for industrial development within the Southwest, with San Antonio inserting fifth among the many state’s markets, with 3.9 million sq. toes of house underway and a pair of.7 million sq. toes delivered as of June, in line with CommercialEdge knowledge.
Placing these developments in context, Kent instructed Industrial Property Government that “San Antonio has a rising checklist of business initiatives beneath development in response to report low emptiness. … Interpark’s location at U.S. 281 and Wurzbach Parkway gives the kind of infill alternative that’s tough to duplicate.”
Different Stream Realty undertakings in Texas embody 20 East at 12955 FM 2932, a 3.4-million-square foot industrial growth in Mesquite, and the Portside Logistics Middle, a 1-million-square-foot, two-building growth in Baytown.
