Industrial Group Southwest (IGX) and 18 Squared GP have partnered on two industrial warehouse development projects in San Antonio, Ball Street 3 and South Park 2. Located in prime Opportunity Zones, these developments will allow investors to reap favorable tax benefits from the government, the two companies said.
“Fulfillment is one of the most critical pieces of e-commerce logistics and given the fact intermodal volumes are approaching pre-pandemic levels, Ball Street 3 and South Park 2 are uniquely positioned to be key players in the supply chain,” said Ron Mills, principal and managing director of IGX.
Ball Street 3 and South Park 2 are strategically located close to I-35, a major access point for manufacturing in Texas. South Park 2 is located in the South Submarket, close to the Port of San Antonio. Ball Street 3 is situated directly on Loop 410 and IH-35, providing access to the IH-35 Corridor.
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.
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