(To read more on the industrial market, click here.)

HOUSTON-With one Northwest Houston development now fully leased, local developer Vantage Cos. has broken ground on a second one, Bondesen North Business Park. The 17-acre project, with a price tag of $10 million, will have 215,000 sf of spec space in five buildings.

“The success of our project across the street was the impetus to start working on Bondesen North Business Park,” Vantage president and CEO Steve Jaggard tells GlobeSt.com. “The northwest has been soft for the past couple of years, but well-located projects with frontage on Beltway 8 have been leasing well.” The company has been sitting on the land for two years, awaiting the return of a healthy market.

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