Logistics Property Company, LLC, a modern logistics real estate developer, investor, and manager will soon break ground on 12821 Titanium Street, a two-building logistics park totaling over 400,000 square feet. This project marks Logistics Property Company’s entry into the Austin / Central Texas market with a strategically positioned infill site in Austin’s premier institutional submarket, Northeast Austin. The company, headquartered in Chicago, has offices in Dallas and Houston, where they own more than 5 million square feet of logistics facilities.
The site, strategically located with three access points on a hard corner, is approximately one mile from TX-130 and less than 20 minutes from downtown, offering access to a highly educated workforce in the immediate area. Proximity to additional major transportation infrastructure, including Highway 290 and I-35, provides ease of distribution throughout Austin, Central Texas, and beyond.
12821 Titanium Street Building 1 will feature nearly 175,000 square feet of rear-load warehouse space and Building 2 will be a 233,000 square-foot cross-dock warehouse, providing maximum flexibility for users. With permits in place and an expected groundbreaking in Q2 2024, the development offers speed to market, delivering buildings ready for occupancy with power, lighting, and spec offices in place (Building 1: 2,500 SF, Building 2: 3,000 SF).
“Austin stands out from a growth perspective in industries such as automotive, manufacturing, and semiconductors,” said Mark Redlingshafer, Vice President of Logistics Property Company’s South Region. “We are focused on attracting tenants from these thriving sectors as well as 3PLs, consumer goods and building products users that are trying to serve the growing population, which is fueling the growing demand for logistics space in Austin.”
Developed by Logistics Property Company, this project will be leased by Blake Patterson and Omar Nasser of AQUILA Commercial. “AQUILA is thrilled to be the leasing team for this project in the heart of Austin’s growing industrial market,” said Blake Patterson, Senior Vice President at AQUILA Commercial. “Centrally located just minutes away from industry giants like Samsung, Applied Materials, and Tesla, this development will be a game-changer for companies seeking a prime infill location in the thriving Austin market. The development’s rear-load and cross-dock product types will be attractive to a wide range of tenants, including manufacturers and distribution users.”
The land for 12821 Titanium Street was listed by Mike Tipps, Marshall Durrett, and Matt Jacobs with Cushman & Wakefield. The project is expected to deliver in Q2 2025. Learn more about this development here: Building 1, Building 2.
About Logistics Property Company
Logistics Property Company, LLC is a logistics real estate operating company and investment manager focused on the acquisition, development, and management of modern logistics properties in key North American markets. The company executes a disciplined investment strategy, ensuring optimal outcomes for our investors, employees, communities, and environment. Headquartered in Chicago, Logistics Property Company has more than 80 employees strategically located across eight markets. Its portfolio is comprised of 57 buildings across 23.9 million square feet with an estimated end value of more than $4.1 billion. For further information, please visit logisticspropco.com.
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