Logistics Property Company Expanding Missouri City Footprint
Logistics Property Company (LPC) announced that it’s started work on CityPark Logistics Center’s fourth building, which consists of a new Class-A, 151,200-square-foot, warehouse within the 98-acre CityPark property in Houston suburb, Missouri City, Texas. The build-to-suit will be delivered mid-2023 and will serve as the newest location for a Fortune 50 company.
This new logistics building is part of the greater CityPark Logistics Center, located at the corner of Beltway 8 and Highway 90 in Houston’s Southwest Industrial Submarket.
CityPark’s existing footprint is comprised of three recently completed Class-A logistics buildings, totaling 454,000 square feet. LPC is currently in the design phase of a new 215,000-square-foot building at CityPark, which is expected to begin speculative construction in 2023 and is currently being marketed for lease. Beau Kaleel and Brooke Forrest with Cushman & Wakefield are the leasing representatives for CityPark Logistics Center.
- ◦Development