Constructing 2 at Selma Industrial Park. Picture courtesy of Companions Actual Property
Robinson Weeks Companions and Titan Improvement have landed a brand new tenant at Selma Industrial Park Constructing 2 in Selma, Texas. Westport Axle signed a 115,000-square-foot lease, bringing the property to full occupancy. Selma Industrial Park totals greater than 2.5 million sq. ft throughout almost 200 acres.
John Colglazier Jr., Carlos Marquez and Kyle Kennan with Companions Actual Property represented the owner, whereas Jonathan Dandurand with Burr & Temkin assisted the tenant within the negotiations.
The 305,760-square-foot Constructing 2 got here on-line in 2022 and options 36-foot clear heights, 74 dock-high doorways, 4 drive-in ramps, an ESFR sprinkler system and 329 parking areas. The property has two different tenants: Made in Cookware, which signed a 70,000-square-foot lease, and Berlin Packaging, occupying 120,000 sq. ft.
Positioned at 17654 Ben E. Keith Means, the property is 20 miles from San Antonio, 57 miles from Austin and has entry to Interstate 35. San Antonio Worldwide Airport is 15 miles southwest. Different firms within the surrounding space embody Amazon, FedEx, Ace Mart and SLG Logistics, amongst others.
The builders broke floor on Selma 3 in November 2022. The 429,633-square-foot growth is slated for completion by August 2023.
Titan Improvement’s Texas tasks
Final 12 months, Titan Improvement continued its industrial tasks round Austin, Texas. The corporate expanded Titan Innovation Enterprise Park in Hutto, Texas, because it broke floor on a 110,000-square-foot facility in March.
In June, Titan launched into a megaproject in the identical space. The developer acquired a 188-acre website for the development of Hutto Mega TechCenter, an industrial park totaling 2.6 million sq. ft, close to the $17 billion Samsung semiconductor plant.
Close to the top of 2022, the corporate had one other industrial undertaking underway, the primary part of Lockhart 130 Industrial Park. Completion is predicted within the fourth quarter of 2023.
