Houston-based Pontikes Development will soon break ground on a 3 million-square-foot speculative warehouse and distribution park near Port Houston.
JLL’s John Talhelm, who will be marketing the property alongside Kevin Erck, said the park will sit at one of the last available tracts of Port-adjacent land that could accommodate such a park.
“This is the last large developable tract sitting on a major freeway,” Talhelm said.
In the coming weeks, Pontikes will break ground on Port 10 Logistics Center on 246 acres at Interstate 10 and Thompson Road in the southeast Houston community of Baytown. The first phase of the multiphase project will deliver in the third quarter of 2018. Around 2 million square feet of the project’s 3 million square feet will be directly rail-served; the park will be around a 10- to 15-minute drive from both the Barbours Cut and Bayport terminals in the Port Houston.
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