Logistics Property Company Begins Construction on Industrial Build-to-suit for Fortune 50 Company

Logistics Property Company, LLC (LPC) announced the commencement of CityPark Logistics Center’s (CityPark) fourth building, which consists of a new Class-A, 151,200-square-foot, warehouse within the 98-acre CityPark property in Missouri City, Texas.

The build-to-suit will be delivered mid-2023 and will serve as the newest location for a Fortune 50 company. The building is being constructed to meet LEED® certification requirements.

This new logistics building is part of the greater CityPark Logistics Center, located at the corner of Beltway 8 and Highway 90 in Houston’s Southwest Industrial Submarket. The site is well positioned to serve the growing residential population and benefits from excellent interstate access.

CityPark’s existing footprint is comprised of three recently completed Class-A logistics buildings, totaling 454,000 square feet. LPC is currently in the design phase of a new 215,000-square-foot building at CityPark, which is expected to begin speculative construction in 2023 and is currently being marketed for lease.

The logistics park’s final phase will accommodate approximately 600,000 square feet with direct frontage and access to Beltway 8 and is currently being marketed as a build-to-suit.

Beau Kaleel and Brooke Forrest with Cushman & Wakefield are the leasing representatives for CityPark Logistics Center.