HOUSTON – (Realty News Report) – CBRE has secured construction financing for the development of a 144,000-SF manufacturing facility in Houston for Electronic Power Design, a Houston-based manufacturer that produces electrical equipment to support growth in AI and data center development.
Unprecedented Surge in AI and data center development
“The unprecedented surge in AI and data center development has created massive and sustained demand for high-capacity electrical equipment, leading to significant strain and extended lead times across the power infrastructure supply chain,” said Justin Rowden, President of EPD. “We look forward to serving our clients more efficiently with the addition of our new space.”
The new plant will be located in North Houston near Interstate 45 and Bush Airport at 430 Lockhaven Drive. The site is adjacent to EPD’s existing 241,481-SF facility. This new building will enhance the company’s production capacity, provide space for continued innovation and position EPD for long-term success.
CBRE Capital Markets’ Debt & Structured Finance team, represented by John Fenoglio and Brock Hudson in Houston secured the 85% loan-to-cost construction financing for EPD in addition to a working credit facility
“This new facility is a strategic investment in EPD’s future,” said Hudson, vice president at CBRE. “Building on decades of blue-chip stability, EPD is now experiencing massive, accelerated growth as a key supplier powering the AI and data center boom. CBRE is proud to support EPD’s expansion and looks forward to watching the company cement its position as key supplier for the next generation of global infrastructure.”
EPD is a leading manufacturer of low-voltage electrical distribution equipment, delivering power solutions for some of the world’s most complex and demanding infrastructure. The new project represents a significant expansion for EPD, reinforcing their commitment to meeting market demand and providing superior outcomes to their customers.
Construction on the facility has already started. EE Reed is the general contractor.
Houston: a Hotbed of Manufacturing Space for Tech
Industrial real estate in Houston has been a strong sector and construction has been robust. New industrial property deliveries spiked to their highest level since 2023 with 9.6 million SF of new completions. according to a third quarter report by CBRE.
Earlier this year, Apple announced it will open a 250,000-SF manufacturing facility in Houston in 2026. The Apple plant will produce servers that will play a key role in powering Apple Intelligence.
In 2025, Taiwan-based Foxconn Corp., a manufacturing partner for chip maker Nvidia, acquired the four-building, 1 million-SF Fairbanks Logistics Park in northwest Houston from Dalfen Industrial for $142 million. The 86.3-acre industrial park, is in the 8700 block of Fairbanks North Houston Road.
Oct. 23, 2025 Realty News Report Copyright 2025
Rendering Image courtesy EPD, CBRE
Mark Your Calendar
Central Houston will present the State of Downtown 2025 on Oct. 30 from Noon to 1:30 p.m. Some 1,000 business and community leaders will focus on progress in the heart of the city. Houston Mayor John Whitmire, Chevron Director, SVP Corporate Affairs, Margaret Cooper, and Central Houston, Inc. Chair, Stephanie Burritt, who is principal and co-managing director, Gensler’s Houston Office
A sports panel will include two-time NBA Champion, Rudy Tomjanovich, Astros manager Joe Espada, FOX Sports’ lead analyst for the 2026 FIFA World Cup Stu Holden, and Men’s World Cup record holder, Tim Howard.
The State of Downtown event will be held at the 713 Music Hall at the historic POST Houston, 411 Franklin St. For information: click here.
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File: Houston Manufacturer Expanding for AI Growth