Patrinely and Realterm Start Austin Project

AUSTIN – (Realty News Report) – Patrinely and Realterm are developing 439,300-SF speculative industrial project consisting of four buildings located near State Highway 130 and McAngus Road in Austin.

The project is slated for completion in first quarter of 2025. KBC Advisors, led by Mo Green, Trey Blasingame and Will Bost will handle the leasing under the direction of Dennis Tarro of Patrinely. Catamount Constructors is the general contractor.

With a strategic location in Southeast Austin, these buildings will provide highly visible tollway frontage access. Approximately 6.5 miles north of the site is the SH 130 and SH 71 intersection. The 4 million-SF Tesla Gigafactory is located in the area.

“We are pleased to announce this significant milestone and our partnership with Realterm as we expand our footprint in Central Texas,” said Noam Newman, Vice President, Industrial Development for Houston-based Patrinely.

Patrinely will market the project as Airfield 130. Encompassing 34.5 acres, the four rear-load buildings, spanning from 75,000-SF to 150,000-SF, will each feature 32′ clear heights and 190′ truck court depths and together offer 129 total dock-high doors.

“Austin continues to experience tremendous population, job and e-commerce growth and is a manufacturing base for many large companies. We look forward to jointly delivering this project in a market with strong demand for industrial properties,” said Ed Brickley, Managing Director and Senior Fund Manager for Realterm.

Founded by Dean Patrinely, the Patrinely firm has a national footprint with eight offices in the U.S.


Feb. 12, 2024 Realty News Report Copyright 2024

Images: Courtesy of Patrinely

THE RALPH BIVINS PROJECT PODCAST

LISTEN: THE RALPH BIVINS PROJECT podcast with Michael Scheurich of Arch-Con

LISTEN: THE RALPH BIVINS PROJECT podcast with Mark Taylor of CBRE

LISTEN: THE RALPH BIVINS PROJECT podcast  with Stephen Meek of StreetLights Residential.

LISTEN: THE RALPH BIVINS PROJECT podcast with Carlos Bujosa of Transwestern 

LISTEN: THE RALPH BIVINS PROJECT podcast with Kris Larson of Central Houston Inc.

LISTEN: THE RALPH BIVINS PROJECT podcast with  Mike Spears of Lee & Associates Houston

LISTEN: THE RALPH BIVINS PROJECT podcast with  Maria Perez of Gensler

LISTEN: THE RALPH BIVINS PROJECT podcast with   Bob Parsley of Colliers  

LISTEN: THE RALPH BIVINS PROJECT podcast with Edward Griffin of Griffin Partners

 

File: Patrinely and Realterm Start Austin Project

 

Related posts

Federal Opening at Houston Center

Realty News Report

Downtown Houston Emerges as a Destination

Realty News Report

Developer Starts Project in Red Hot Timbergrove

Realty News Report

Leave a Comment