Design-Build Underway Allows for Expanded Footprint

A rendering shows the proposed design of the manufacturing facility.

LA PORTE, TX—A 3.25 acre land parcel at Fairmont Industrial Center has been sold for the development of a new 36,000-square-foot design build industrial project. HydroTex , a Chicago-based pump systems and engineering services firm, purchased the parcel located at 11802 Fairmont Pkwy, according to Vigavi Realty and JLL . Vigavi Realty subsequently broke ground on the project, which is slated for a year-end completion date. The new manufacturing facility is strategically located for HydroTex’s current employment base and will expand its real estate footprint, allowing it to grow its operations. The company’s future facility is situated within Houston’s southeast submarket, approximately 20 miles from Houston’s Central Business District, near the Bayport Container and Barbours Cut Terminals . The southeast submarket encompasses more than 72 million square feet of Houston’s industrial inventory. According to JLL Research, the submarket’s total vacancy was 4.4% at the close of the first quarter of 2016. “HydroTex was looking for a design build warehouse that would allow them to increase their revenue while taking care of their current employment base. That meant finding a facility with the right location and a turn-key, cost competitive solution. Vigavi´s capabilities and land portfolio were a great match to HydroTex´s requirements,” said Vigavi Realty managing principal, Luis Villareal . JLL executive vice president Mark Nicholas and senior vice president Richard Quarles negotiated the terms on behalf of the seller, Vigavi Realty. Lee & Associates’ Preston Yaggi and Stephen Kuper represented the buyer. Architect Terry Kennedy of Munson Kennedy Partnership and Vigavi Realty will lead the project construction. Quarles tells GlobeSt.com: “Fairmont Industrial Center is centrally located to HydroTex’s customers and service areas. Additionally, Vigavi’s development and construction expertise supported the level of detail and quality HydroTex is seeking in their new manufacturing facility. Vigavi has a reputation for delivering high-quality, state-of-the-art industrial properties and developments, as demonstrated by similar projects at Bay Oaks Business Park and Thompson Ten Business Park .”