Stream Realty Partners, a national real estate development, services and investment firm, and USAA Real Estate Company, are pleased to announce the ground breaking of the I-35 Logistics Center located on Interstate 35 in New Braunfels, Texas. Construction has commenced on the 397,600 square foot, Class A warehouse with delivery expected in March 2017.
Stream is developing the project to accommodate tenants from 87,000 to 397,000 square feet. The project will also offer up to 4.2 acres of fully entitled, development-ready Interstate 35 frontage land, available for separate purchase.
The 30-acre land site offers excellent access and visibility from Interstate 35 and is strategically located nine miles north of the Tri-County Business Park in Schertz, 20 minutes from the San Antonio International Airport, 50 miles from Austin, and 177 miles from Houston.
“We are privileged to partner with USAA Real Estate Company and secure a great land site for development in the heart of the San Antonio and Austin Corridor,” said Michael T. Kent, Senior Associate, Stream Realty Partners. “As one of the many advantages of the project, I-35 Logistics Center allows tenants to quickly and efficiently service the entire Central Texas region, a priority for many of the businesses in our target market.”
The new development will maximize efficiencies by offering 32-foot clear height, 280-foot building depth, 52’ x 55’ column spacing, 80 dock-high, rear-load doors, 52 additional trailer drops, T5 lighting, ESFR fire suppression, and a circulation drive-way outside the truck court.
About USAA Real Estate Company
USAA Real Estate Company, with approximately $15 billion in assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. The USAA portfolio consists of office, industrial, multi-family, retail and hotel properties as well as investments in real estate operating companies. USAA Real Estate Company is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit www.usrealco.com.
About Stream Realty Partners
Stream is a national, commercial real estate firm with locations across the country. Stream’s full-service offerings cover the broad spectrum of leasing, management, development, construction, health care, and investment sales services across the commercial and multifamily industry. In addition, Stream specializes in sourcing acquisition and development opportunities for the firm and its clients. Since its formation in 1996, Stream has grown from its two original partners to a staff of more than 700 real estate professionals nationwide with regional offices in Atlanta; Austin; Charlotte; Chicago; Dallas; Denver; Fort Worth; Houston; San Antonio; Southern California; and, Washington, D.C. Stream currently has more than 130 million square feet of assignments across the nation; completes over $2.4 billion in real estate transactions annually; and is considered one of the most active investors and developers in the real estate industry.
For more information, visit www.streamrealty.com
