BROOKSHIRE, Texas – (Realty News Report) – Tesla leased a 1,040,000 SF warehouse/distribution facility in Brookshire, about 30 miles west of Houston, according to the fourth quarter industrial research report from the Transwestern real estate firm.
As its long-standing practice, Tesla does not release details about such things. The Austin-based vehicle manufacturer does not have a media relations staff, unlike most publicly traded firms. So speculation arises.
Tesla is expected to use the Brookshire space for battery storage and producing battery cells used in its electric cars, according to the Electrek publication.
The Brookshire site, located on Interstate 10, is about 120 miles from Tesla’s Austin Gigafactory where 3,000 Model Y Tesla vehicles are produced per week. Tesla’s Cybertruck, a pickup, is slated to be built there, also.
Developed by Stream Realty Partners, the new Tesla facility is located in the Empire West Business Park at the corner of Interstate10 and Empire Blvd. in Brookshire.
Tesla’s site is located in what Transwestern classifies as the Katy/Far West submarket of Houston.
Stream Realty Partner’s Empire West Business Park , a 300-acre project, has 5,000 feet of Interstate 10 and Highway 90 frontage with a dedicated east/west exit to the site. The roadways open up distribution reach to Austin, San Antonio and south/central Texas, and other parts of Houston. The business park is near facilities operated by Amazon, Costco, Domino’s, Igloo and Medline and Rooms-to-Go.
In Austin, Tesla has a massive footprint – and a 4 million SF vehicle plant. A number of additional Elon Musk ventures are located in the Austin area.
In Angleton, about 40 miles south of Houston, Tesla subsidiary, called Gambit Energy Storage, has been constructing a massive utility-scale battery operation that will be connected to the much-maligned Texas electric grid, according to news reports. The 100 megawatt energy storage project could power 20,000 homes on a summer day, according to a report by Bloomberg News.
Jan. 17, 2023. Realty News Report Copyright 2023
THE RALPH BIVINS PROJECT PODCAST
LISTEN: THE RALPH BIVINS PROJECT podcast with Carlos Bujosa of Transwestern
File: Why Did Tesla Lease 1 Million SF in Houston?
Image: Empire West Business Park, Brookshire, Texas Courtesy: Stream Realty Partners