Aquila Commercial is marketing Innovation Business Park III in Hutto for lease on behalf of Titan Development. Omar Nasser, Blake Patterson and Leigh Ellis, SIOR will represent the property on behalf of Aquila.
Innovation Business Park III is a part of the larger multi-tenant Innovation Business Park in Hutto. Businesses in the park include Western Industries, BryComm, and Paradigm Metals among others. Innovation Business Park III broke ground in the first quarter of 2020 and is set to deliver in shell condition in Q4.
The 151,710-square-foot Class A industrial building is 62% pre-leased to EDC Moving Systems. An additional 58,347 square feet is currently available for lease.
Hutto is particularly appealing for industrial tenants, AQUILA says, since it offers a Triple Freeport exemption on qualified inventories and is actively engaged with the Foreign Trade Zone of Central Texas.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).