Provident has closed its financing for Eastex 59 and is ready to start work on the four-building industrial park east of George Bush Intercontinental Airport (IAH). The site totals 740,404 square feet of industrial space, offering unit sizes ranging from 148,000 to 224,000 square feet. The project features ample trailer storage and car parking, efficient circulation.

The site has direct access and frontage on Highway 59. Provident’s Christen Vestal remarked, “This project is designed to meet the rising logistics demand supporting increased air cargo at IAH.”

This is Provident’s sixth joint venture with Junction Commercial Real Estate, which serves as the capital partner on more than 3.25 million square feet of institutional-grade industrial developments in collaboration with Provident.

Provident continues to expand its industrial portfolio, with 8.2 million square feet currently under construction or in pre-development across Texas, Arizona, and the Carolinas.