EastGroup Begins Work on Houston Industrial Complex
- Oct 03, 2019
EastGroup Properties has broken ground on Northwest Crossing, a three-building industrial complex in northwest Houston.
Totaling 278,000 square feet, the Class A master-planned development is slated to provide both multi- and single-tenant lease opportunities for office/warehouse, light manufacturing, R&D as well as assembly. East Group Properties is building the project on a 20-acre site which the company acquired in May for $5.7 million.
Located at the southwest quadrant of the Interstate 290 and State Highway 6 interchange, the buildings will have 74,968 square feet, 94,614 square feet and 108,186 square feet, respectively. Northwest Crossing is set to include clear heights ranging between 24 and 32 feet, ramps with 12 by 14 feet and 20 by 20 overhead doors, as well as ample parking. The complex will accommodate tenant requirements starting at 10,000 square feet.
East Group Properties chose JLL’s Richard Quarles, Jarret Venghaus and Geoff Perrott to spearhead leasing efforts for Northwest Crossing. All building are under construction, with completion anticipated for the second quarter of next year.