Location
Georgetown, TX
Size
157,300 SF
Fund Equity
$3.5 M
Total Project Cost
$13.3 M
Date Approved
10/16/2020
Start Date
11/30/2020
NorthPark35 - Building 2
Summary
NorthPark35 Building 2 is a 157,300 SF industrial project. Potential uses for this building include e-commerce, light manufacturing, and distribution.
The project is part of NorthPark35, a brand new, Class A industrial park located at the important intersection of I-35 and SH-130. Once completed, its location at this key thoroughfare will give it excellent access to Austin, Dallas, Houston, and San Antonio (commonly referred to as the I-35 corridor). This area is one of the fastest-growing sections of the country for e-commerce, light manufacturing, and distribution centers. Some of the nearby companies that have made this corridor home include Tesla, Amazon, Samsung, and Applied Materials.
Georgetown itself is one of the fast-growing communities in the Austin MSA with 56% growth between 2010-2018 (U.S. Census Bureau). Georgetown's local Government has embraced industrial development, working closely with Titan to fast-track key economic development measures that will facilitate NorthPark35’s success. In addition, the site sits close to existing industrial staples including Vanguard Truck Rentals, Holt/CAT, and Georgetown Municipal Airport.
Latest News
NorthPark 35 Building 2 was sold in November 2021.