Three-Building Industrial Development to Deliver Modern Space for Distribution and Manufacturing by 2026
AUSTIN – September 8, 2025 – Ledo Capital Group, in partnership with St. Clair Commercial Real Estate, has officially broken ground on Phase One of San Marcos Business Park, a master-planned, three-building, 665,760-square-foot industrial development in San Marcos, Texas.
Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, has been selected to oversee leasing. Managing Director & Partner Sam Owen, Executive Vice President Kevin Cosgrove, and Senior Associate Luke Watson will lead the leasing efforts on behalf of ownership.
“San Marcos Business Park is going to be a game changer—both for its prime location between Austin and San Antonio and the impressive scale of the development,” said Owen. “We’re excited to be part of a project that’s raising the standard for industrial facilities in Central Texas.”
Phase One will deliver Building C, a 377,300-square-foot facility featuring 36-foot clear heights, 80 dock-high doors, two drive-in doors, a fully secure 185-foot truck court with 104 trailer stalls, heavy power, and 3,485 square feet of speculative office space. Located on a 45-acre site just north of River Ridge Parkway and the Blanco River, the development is positioned in the heart of the Texas Innovation Corridor, offering unmatched visibility and immediate access to Interstate 35.
Future phases include Building A, a 204,460-square-foot facility designed for small- to mid-size tenants with excellent highway frontage, and Building B, an 84,000-square-foot facility with 25 dock doors and a 145-foot truck court. Together, the three-building park is fully entitled and offers flexible opportunities for lease or sale. In addition to the lease or purchase of Building C, Stream is also marketing build-to-suit opportunities for Buildings A and B, or the purchase of a fully entitled land site, as well as the potential of a three-building campus for one large user.
The project team includes general contractor ARCO/Murray, with Project Managers Jack Grove and Jonah Jimenez, Vice President Paul Wagner overseeing project execution, and Superintendent David Osborn leading day-to-day construction. Phase One is scheduled for completion in the second quarter of 2026, and leasing is currently underway.
For more information, contact Stream Austin at 512.481.3000.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment and development services. This includes tenant and landlord representation, Legendary CX property management, capital markets, investment management and sales, construction, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,550 professionals and now completes annual transactions valued at more than $8.9 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
