HOUSTON – (Realty News Report) – Lovett Industrial, a Houston-based real estate investment firm, has begun construction on Nexus North Logistics Park, a 567,140-SF industrial facility on Greens Road, just east of Bush Airport near Highway 59.
“Nexus North will meet the growing demand for modern industrial buildings in North Houston and is currently the only building in the submarket under construction that is greater than 500,000 SF,” said Seth Flechsig, Lovett’s market leader for central and south Texas. “We’ve designed Nexus North as a flexible building that can accommodate one large user or multiple tenants.”
Marketing and leasing efforts for Nexus North Logistics Park will be handled by Greg Barra & Conrad Bernard of Boyd Commercial. Construction financing is being provided by Nashville Based, Pinnacle Bank. Burton Construction is the General Contractor, Stephen Klimas of MORE Architecture Studio is the lead architect, and Lester Jones of ALJ Lindsey, LLC is the civil engineer for the project, which is just north of Beltway 8.
Lovett Industrial, and Clarion Partners, recently started construction of Interchange 249, a 240-acre industrial business park consisting of more than 3 million SF. The development will have 10 buildings located at the southwest corner of Highway 249 and Rocky Road.
Other Houston area developments for Lovett Industrialinclude NOVA Logistics Park, NorthPort Logistics Center, Fort Bend Business Park, Fairway North Logistics Park, 99 North Logistics Park, and 610 Business District. Lovett Industrial currently is active in 6 additional markets across the U.S. and has more than 7 million SF of projects currently under construction companywide.
Lovett Industrial, founded in 2020, has 10 million SF of warehouses on the drawing board and planned for future development. Frank Liu is the co-founder and co-owner of Lovett Industrial and the sole founder and owner of Lovett Commercial, Lovett Homes, and InTown Homes. Liu is a Chinese American, born in Taiwan, who immigrated to the U.S. in 1971 and arrived in Houston in 1973. After graduating from Rice University with a civil engineering degree, Liu’s family of companies began in 1980 when he and his Lovett college roommate started Lovett Homes, a premium urban residential company.
Oct. 21, 2022 Realty News Report Copyright 2022
File: Lovett Starts Industrial Project
Image: Rendering of Nexus North Logistics Park – Courtesy of Lovett Industrial
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File: Nexus North Logistics Park. Lovett Starts Industrial Project