Sunday , 19 November 2017
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Best Buy Building Major Distribution Center in Houston

MISSOURI CITY, Texas – Retailer Best Buy will build a 550,000-SF delivery distribution center near Highway 90 in Missouri City on the southwest side of Houston.

Best Buy plans to open the distribution center prior to the 2018 holiday shopping season. The facility will distribute large items — including products ranging from major appliances to large televisions — to nearly 60 Best Buy stores throughout Texas and Louisiana and directly to customers’ homes.

The facility will be located at 636 Highway 90A, at the corner of Cravens Road and Highway 90, near the Sam Houston Tollway.

The Highway 90/Tollway area on the south side of Houston has seen a significant number of new warehouse projects in recent years, with major developers such as Hines and Trammell Crow building new distribution facilities.

Seefried Industrial Properties, Inc. and 4M Investments, LLC will develop the Best Buy facility.

The project came directly to the Missouri City Economic Development Department from the company’s site selection consultant in July 2017. Key factors to the success of the project were the proximity to interstate highways, workforce availability, real estate partners, incentive opportunities and available land for greenfield development.

“We are delighted to welcome Best Buy as Missouri City’s newest corporate citizen,” said Allen Owen, Mayor of Missouri City. “A previously vacant piece of land now will be a major source of revenue that can help us serve the residents of Missouri City.

The new Best Buy facility is expected to create at least 40 new full-time jobs in Missouri City. Fort Bend County Commissioners Court also provided incentives based upon the capital investment and jobs that Best Buy is bringing to the county.

Jack Belt, Executive Vice President of the Greater Fort Bend Economic Development Council, commented “The Best Buy project represents a significant next step forward in the emergence of a new major regional industrial center growing around the interchange of US 90A and the Sam Houston Tollway.”

Nov. 7, 2017 Realty News Report Copyright 2017

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