Houston Chugs Along Despite Double Whammy of COVID and Low Energy Prices

Globest | March 30, 2020

Transwestern Development Co., in a joint venture with Diamond Realty Investments, has acquired a 20.83-acre site at the intersection of West Dairy Ashford and Airport Boulevard. The firm plans to develop a two-building warehouse/distribution property totaling 326,792 square feet. This site presents an opportunity to develop high-quality industrial product in a proven area with limited land supply and favorable tax rates,” said Ben Newell, partner in Transwestern’s national logistics group. “Industrial users are seeking modern space with higher clear heights, ESFR sprinkler systems and larger truck courts to significantly improve operating efficiencies. Our project will have a distinct advantage by being one of the few newly constructed buildings in Sugar Land Business Park. Plans for the project called Sugar Land Crossroads include two buildings designed for tenants ranging from 28,000 square feet to the full capacity of 326,792 square feet. The buildings will offer 32-foot clear heights, and share trailer parking spaces and a 255-foot truck court.

Spotlight

We are a vertically integrated organization dedicated to the development, design, construction, management, and long-term ownership of inclusive living communities throughout Costa Rica.

Our mission is to build resort-style living communities that value all its members and help them to meet their basic needs so that they can live with dignity, engage actively, and contribute to their community.

Spotlight

We are a vertically integrated organization dedicated to the development, design, construction, management, and long-term ownership of inclusive living communities throughout Costa Rica.

Our mission is to build resort-style living communities that value all its members and help them to meet their basic needs so that they can live with dignity, engage actively, and contribute to their community.

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