Trammell Crow Breaks Ground on 1.4 MSF Houston Industrial Park
Trammell Crow Co. has broken ground on Blue Ridge Commerce Center, a five-building, 1.4 million-square-foot industrial project in Houston. Completion is expected next summer.
Seeberger Architecture provided design services while BGE served as civil engineer. E.E. Reed Construction is the project’s general contractor and Linco Construction Co. handles the public infrastructure works. Sumitomo Mitsui Banking Corp. is funding the development.
Buildings 1, 4 and 5 will take shape as cross-dock facilities with 36-foot clear heights, ranging from 257,001 to 431,017 square feet. The 157,626-square-foot Building 2 will be a front-load structure with 32-foot clear heights while Building 3 will be a 153,928-square-foot facility with 28-foot clear heights.
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TCC is pursuing LEED certifications for all five buildings. Plans also call for new underground utilities, a new regional stormwater detention pond and roof-mounted solar panels to reduce operating costs.
CBRE handles property leasing. The brokerage team includes CBRE Senior Vice Presidents Cape Bell and Jason Dillee alongside Transaction Manager Kayla Ripple.
Carrying the address 4141 McHard Road, the site is some 5 miles from U.S. Route 90, while Port of Huston is 21 miles northeast. William P. Hobby and George Bush Intercontinental airports are roughly 19 and 37 miles away, respectively.
Houston’s industrial pipeline shrinks
Metro Houston’s industrial pipeline totaled 10.9 million square feet of under-construction space as of June, according to a recent Cushman & Wakefield report. A considerable shrink compared to last year’s 27.1 million square feet underway during the same period.
As developers brought the new supply online—year-to-date through June, industrial deliveries encompassed 10.9 million square feet, same as Houston’s pipeline—the metro’s vacancy rate inched upward to 6.7 percent, up 100 basis points year-over-year, the report goes on to show.
During the second quarter, construction began on 3.6 million square feet of industrial space. The figure surpassed 2023’s 2 million square feet that broke ground during the same interval but fell short of last year’s first-quarter total of 6.8 million square feet.
One of the projects that started construction in Q2 2024 was WestPoint 45. The 728,000-square-foot speculative development is slated for completion early next year.
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