TGS Cedar Port Partners Breaks Ground On Largest-Ever Spec Warehouse Project In Houston
TGS Cedar Port Partners LP has broken ground on a 1.2M SF cross-dock warehouse, the largest speculative building to date in the greater Houston area.
The site is located at 6363 FM 1405 within the 15,000-acre TGS Cedar Port Industrial Park, east of Houston. When complete, the spec building will offer a 40-foot clear height, a ring road around the entire structure and truck court, LED warehouse lighting, an ESFR sprinkler system, oversized truck courts, parking for 1,500 cars and more than 1,000 trailer parking spaces.
In addition, the building will have a 5K SF open layout spec office to begin with, which can be built out for specific tenant needs. Additional land could be fully fenced and utilized as an area for additional trailer parking, car parking and outside storage.
NAI Partners, the leasing partner for the project, confirmed it was the largest speculative building in Houston on public record.
The building pad and first slab pour is complete, and the project is expected to deliver during Q2 2022. TGS Cedar Port Partners kept 100% equity in the project and partnered with Bank of Texas on construction loan financing.
Powers Brown Architecture is the architect on the project and E.E. Reed Construction LP is the general contractor. NAI Partners’ John Simons, Gray Gilbert and Chris Haro are the leasing agents for the project.
TGS Cedar Port Industrial Park is situated across the Houston Ship Channel from Bayport and Barbours Cut Container Terminals. The park is both barge-served and dual-served by the Union Pacific and the BNSF railroads, and it can accommodate developments from 5 acres to more than 1,500 acres.
Several major corporate users have major distribution and fulfillment centers in TGS Cedar Port Industrial Park, including Walmart, Floor & Décor, Ikea and Home Depot.