Stream Realty Partners has recently broken ground on more than 1.75 million square feet of industrial space across three Central Texas projects.
Stream, a national commercial real estate firm offering an integrated platform of services, has unveiled plans for the 968,475-square-foot Buda Commerce Center in Buda, the 413,388-square-foot Eastside Commerce Center in Southeast Austin, and the 376,380-square-foot Howard 130 in Northeast Austin.
Buda Commerce Center
Buda Commerce Center will be a five-building, state-of-the-art industrial development in Buda, one of Austin’s fastest-growing suburbs. Stream kicked off construction at the 70-acre site, located 15 miles south of downtown Austin, in the fourth quarter of 2022. The project will cater to a variety of users with its four rear-load buildings and one cross-dock building. Direct ingress and egress access to Interstate 35, 32-foot and 36-foot clear heights, full-size truck courts, and dock-high loading provide convenience for truck drivers.
Positioned 10 miles south of the Southeast industrial submarket, the center will provide top-of-class, competitive space with access to a growing number of rooftops on the south side of Austin. The development at Interstate 35 between Cabelas Drive and Robert S. Light Boulevard boasts unencumbered views from the main lanes of IH-35, granting prime signage opportunities for tenants. The anticipated completion date is the fourth quarter of 2023.
“We have extensive leasing experience in the IH-35 corridor, and we believe the new Buda development will meet the demands of modern industrial tenants,” said Sam Owen, Managing Director and Partner at Stream Austin. “Buda and the IH-35 corridor have historically been underserved markets, and we are excited to provide a range of Class A options that will help fulfill demand and serve the supply chain locally, regionally, and nationally.”
For information on Buda Commerce Center, visit www.budacommerce.com.
Eastside Commerce Center
Stream has also begun construction on Eastside Commerce Center, a modern infill industrial complex in a well-established area of Southeast Austin. With modern construction, prime visibility, and an ideal infill location, the project will offer a new level of access and efficiency for businesses in the area.
The Class A industrial development features four large warehouse buildings as well as three shallow bay buildings that can accommodate smaller tenants. The site is well-positioned off Highway 71 with easy access from Highway 183. The center is across Highway 71 from Austin-Bergstrom International Airport and a 10-minute drive from Downtown Austin. The project is expected to deliver in the first quarter of 2024.
For information on Eastside Commerce Center, visit www.eastsidecommerce.com.
Howard 130 in Northeast Austin rounds out Stream’s recent industrial projects. It is set to deliver in the second quarter of 2023. Located between I-35 and SH-130 in one of Austin’s fastest-growing industrial areas, this single-phase, three-building project is 20 minutes from The Domain and Downtown Austin.
The Class A distribution warehouse development will offer easy accessibility and unmatched quality of construction in an area surrounded by some of Austin’s largest corporate companies.
“Stream is excited to kick off the development of these three Class A industrial projects, and we look forward to delivering a best-in-class industrial product to both Buda and Austin,” said Clay Golden, Stream Austin’s Senior Vice President of Development.
Stream Austin leases and manages over 24 million square feet of office and industrial space in Austin and surrounding areas, giving the team extensive market expertise–which led to these developments in the expanding Austin suburbs.
For information on Howard 130, visit www.howard130.com.
Buda Commerce Center, Eastside Commerce Center, and Howard 130 are owned and managed by Stream Austin and Stream’s Investment Management Platform, which leverages expertise from 15 local offices to make investment decisions based on real-time supply and demand fundamentals. Stream actively owns 31 investments of 21 million square feet and approximately $3.1 billion in assets under management.