HOUSTON – Hines, in a venture with Katy Partners LTD, is developing a 150-acre business park in the Katy area, west of Houston. The site is at the northwest corner of Interstate 10 and Igloo road between the Amazon and Igloo distribution centers.
The development, called Pintail Crossing, is suitable for 2.2 million SF of build-to-suit distribution space serving Houston, San Antonio and Austin.
Andrew Sowell and Bo Pettit of Boyd Commercial are handling leasing, focusing on buildings from 100,000 SF to 1.2 million SF.
“Over the past several years we have seen the far west I-10 corridor emerge as a vibrant logistics submarket, with some of the largest user footprints in the Houston MSA locating there,” said Hines Managing Director Charlie Meyer. “The location offers access to Texas’ major population centers and proximity to a high-quality labor pool. We view Pintail Crossing as the dominant location in the Katy MSA and look forward to expanding the Hines track record of delivering successful built-to-suit transactions for our valued tenants.”
Hines has developed other industrial parks in recent years including Pinto Business Park in north Houston, Beltway Southwest Business Park in southwest Houston and Independence Logistics Park in southeast Houston.