Search
 

Stafford Grabs Attention With Tax Exemptions

STAFFORD, TX—The nearly 352,000-square-foot industrial park is soon to be located in the business-friendly climate of Stafford.

By Lisa Brown | lisabrown | | Updated on February 11, 2016
Stafford Grove Industrial Park rendering The park can accommodate users from 9,000 to 165,000 square feet.
STAFFORD, TX—Houston’s coveted Southwest industrial submarket, combined with Stafford’s business-friendly climate and tax exemption, has proven to be a business growth attraction. As such, Crow Holdings Industrial has broken ground on Stafford Grove Industrial Park , a 351,960-square-foot business park located at the corner of West Airport Boulevard and Murphy Road. Rosenberger Construction is the general contractor on the project. The project is scheduled to deliver in third quarter of this year. When completed, the class-A development will consist of three buildings including a 95,400-square-foot rear-load building, 165,000-square-foot cross-dock building and a 91,560-square-foot front-load building. Will Mundinger , founding partner at Crow Holdings Industrial, tells GlobeSt.com: “Stafford Grove Industrial Park location gives tenants access to the business-friendly climate from the city of Stafford  and the Freeport Tax Exemption. When complete, the development offers an exceptional  leasing opportunity for tenants.” The park’s location provides direct access to major thoroughfares Highway 59 and Beltway 8, and can accommodate users from 9,000 square feet to 165,000 square feet. Warehouse facility amenities include an early suppression/fast response sprinkler system, 24 to 30-foot clear heights and ample trailer storage. “We are looking forward to delivering a class-A development in Houston’s coveted Southwest industrial submarket,” said Mundinger. Stream has been awarded the leasing and management of the assignment, directed by Justin Robinson, Matteson Hamilton and Dane Petersen . “The market has been anxiously awaiting news on this great site in Stafford and we are very excited to work on this state-of-the-art development with Crow Holdings Industrial,” says Petersen. This is Crow Holdings’ second development in Houston. Apex Distribution Center , a two-building project in Northwest Houston, delivered in fourth quarter 2015 and is currently 47% leased.  

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.