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Developer Duo Breaks Ground on SA Spec Cold Storage Warehouse
Boomerang and Marble Capital are co-developing a 325,000-square-foot cold storage warehouse facility in the San Antonio suburb of Schertz. STX Frio can accommodate a single tenant or be demised for a two- or three-tenant layout.
ARCO Design/Build serves as architect and general contractor. Completion is expected toward the end of next year.
Boomerang expects STX Frio to benefit from its proximity to Port Laredo, the largest inland port and the third-largest port of entry in the United States by trade value.
Boomerang teamed up with ARCO before, alongside CenterSquare Investment Management. The trio worked on another cold storage project, dubbed Houston ColdPort. That 315,111-square-foot facility became operational in 2023, fully leased to Lineage.
JLL’s Tim O’Rourke, Kevin Griffiths, Sage Rheinschild, Alcide Longoria and Mark Krenger are spearheading the leasing efforts for STX Frio. JLL’s Will Mogk, arranged financing for STX Frio, which was provided by Bank OZK.
- ◦Development
