AUSTIN, Texas — A multinational plumbing and heating company has signed a big lease for a new industrial park coming to southeast Austin, not far from the Austin airport and Tesla facility.
Ferguson Enterprises will take over a 207,180 square-foot space, the biggest building of the project, according to a release from North Texas developer Jackson-Shaw. Ferguson is the largest U.S. distributor of plumbing supplies, PVF, waterworks and fire and fabrication products. It is also a major distributor of HVAC equipment and industrial products and service.
Jackson-Shaw will develop the new four-building industrial park, called ATX 130, across 67 acres at Texas 130 and Elroy Road. The development will have 602,400 square feet of office, warehouse and distribution space.
“This is a prime location on Highway 130, minutes from the Austin-Bergstrom International Airport, Tesla and core Austin,” said Miles Terry, Jackson-Shaw's vice president of development.
The project is scheduled to break ground in March with building sizes of 120,440 square feet, 80,365 square feet, 207,180 square feet and 194,385 square feet.
“ATX 130 is breaking ground at an excellent time in an under-supplied submarket, and it’s designed with flexibility in mind, targeting tenants from 16,000 up to 395,000 square feet while offering trailer parking and outside storage,” said Leigh Ellis, principal with AQUILA Commercial. “Coupled with its proximity to strong labor and rooftop growth, the development offers an ideal location for tenants.”
According to KVUE’s media partners at the Austin American-Statesman, industrial space remains in short supply in Central Texas. But more than 24 million square feet of proposed industrial projects are in the works and ready to start, mostly along the Texas 130 corridor between Georgetown and San Marcos.
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