Work Kicks Off on $32M Burleson Business Park

AUSTIN-A first-time partnership has begun work on the $32-million Burleson Business Park. The flex industrial project is going up in two phases, with the three-building, 326,000-sf speculative first phase scheduled to come on line in September.

The 401,000-sf development will take up 34 acres at the intersection of Burleson and Smith School roads. The park is being developed by Dallas-based TIG Real Estate Services, Brock Consulting Group Inc. of Austin and Boston-based GID Investment Advisors LLC. Robert Karp, GID’s senior vice president, says the companies’ management complements each other well. Additionally, GID’s management liked the Southeast Austin market’s prospects.

“There have been significant highway improvements in the southeast market, which at this time will benefit the Burleson Business Park location,” Karp tells GlobeSt.com. “Improved access to this submarket, as well as its proximity to the airport, means it’s poised to become an active area for flex and light distribution space.”