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GTX Logistics is Precisely the Type of Property Green Point Wants to Build
The GTX Logistics Park Phase I development, a speculative class-A industrial building totaling 409,822 square feet in the booming Williamson County/Austin MSA community of Georgetown, is the first of several planned industrial buildings at the park. In total, there will be more than 3 million square feet across 231 acres, making GTX Logistics Park one of the largest industrial developments in the Austin market.
Green Point Property Company’s first phase will offer 36-foot clear height, ample truck and trailer parking, immediate accessibility to both Interstate 35 and Texas 130, and the benefit of large and diverse labor pools in both Williamson and Travis counties.
“GTX Logistics Park is exactly the project that Green Point Property Company wants to build, a best-in-class industrial asset in a strategic location in a top growth market,” said David Karr, partner at Green Point Property Company. “We’re excited at the momentum taking place across the Austin MSA, and we expect North Austin to be a direct beneficiary of the incredible growth seen across the state of Texas and the Central Texas Region.”
JLL’s senior directors Clint Coe and Chris McColpin, and director Dom Espinosa recently arranged construction funding for the development of GTX Logistics Park. The capital markets team at JLL worked on behalf of the developer, Green Point Property Company, to arrange the construction loan with Community Bank of Texas. Dallas-based Silverado Interests is the equity investor for the project.
- ◦Development