Stonelake Kicks Off Suburban Austin Spec Project

Wells Fargo financed the 620,000-sq.-foot industrial advancement.

Picture by dimitrisvetsikas1969 by way of pixabay.com

Stonelake Funds Companions has broken ground on Georgetown Logistics Park, a 3-building speculative industrial complex totaling 620,000 sq. ft in the Austin suburb of Georgetown, Texas. The Class A distribution facilities will be developed in a solitary section and are expected to occur on-line in March 2023.

In March, Wells Fargo Bank originated a three-yr building loan for the project, CommercialEdge knowledge exhibits. The industrial park at 1800 Aviation Push will incorporate:

  • a cross-dock setting up totaling 426,240 sq. toes with 40-foot crystal clear heights as very well as 82 trailer parking spaces
  • a 123,200-square-foot shallow bay framework with a rear load configuration and 36-foot clear heights
  • another rear-load developing with 32-foot obvious heights encompassing 70,300 square ft

The development team incorporates Powers Brown Architects and Pape Dawson Engineers heading the design as properly as Zapalac

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