Premier Logistics Park Site_Property for Sale

Ferguson Lane, Austin, TX, 78754, US

Premier Logistics Park Site

Asset Description

Jones Lang LaSalle Capital Markets (“JLL”) has been exclusively retained by the owner to offer the opportunity to acquire or enter into a joint venture for the Premier Logistics Park Land (the “Property” or “Site”), a 148.27-acre development site. The sellers are open to considering all offers and options for potential partnerships related to the Site. This includes options such as a full sale of the entire acreage, partial acreage sale, joint venture (JV) arrangements/land contribution. The current configuration offers diverse building types, including cross-dock, front-load, and rear-load, and it provides ample car and trailer parking. This site boasts a fully-entitled industrial project with up to 1.4M SF of developable industrial space. The truck courts within the park range from 130' to 215' in size.

Five out of the six buildings in the park are fully entitled and shovel ready.

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Attributes

Land area gross

60 ha

Media

Investment Highlights

Industrial Development in Impressive Submarket
Numerous Highway Intersections
Close Developments Planned or Under Construction

The Property is prominently located in the flourishing industrial central-east area of Austin, situated along the Ferguson Road corridor. This corridor spans from Dessau Road to Springdale Road, running east to west. Additionally, the Site is just north of the intersection of Highway 290 and Highway 183 and conveniently close to the IH-35 corridor to the east. This ideal location positions the Site for excellent distribution to all major Texas cities. The surrounding neighborhoods like Coronado Hills, Windsor Park, University Hills, and Mueller have become popular for repurposing and redevelopment.