Texas Barbecue Capital is Logistics Warehouse Smokeshow

The Central Texas town of Lockhart is world famous for barbecue, but it’s also a smokeshow for logistics warehouse developers. Located off Texas Highway 130, amid the melding metropolises of Austin and San Antonio, the City of Lockhart gave Titan Development a warm welcome recently, the Austin Business Journal reported. The City and its Economic Development Corporation are eating up the attention and open to more industrial investment, even as other Central Texas towns are pushing back on the idea.

New Mexico-based Titan recently started construction on the Lockhart 130 Industrial Park, a 45-acre complex of four buildings totaling 650,000 square feet. Factory Builders Stores already leased the entire first building, which will span about 168,000 square feet.

Here’s what else is new this week:

Capital Commercial Investments, doing business as CCI-Burleson IV LP, plans to start an $18 million complex in southeast Austin comprising just under 132,000 square feet, or almost $137 per square foot, according to a filing with the Texas Department of Licensing and Regulation. The four spec warehouse buildings at 7104 Burleson Road will each have an office.
Dallas-based Dalfen Industrial recently completed construction of Tuscany Logistics Center in northeast Austin, where Kroger just leased a 70,000 square foot space for a distribution center. The complex includes three buildings, and other tenants include Target and Diligent Delivery.
Rob Riner Companies recently filed plans for two new industrial buildings at Carter Park East in Fort Worth. Building 2 will comprise just over 501,000 square feet and cost an estimated $30 million. Building 3 will span a little over 586,000 square feet and cost an estimated $35 million. Both work out to $60 per square foot.

California-based Westcore recently purchased two warehouses in Denton from an LLC with the same address as Boston-based TA Realty.The buildings were delivered in 2022 and comprise a total of just over 242,000 square feet, according to a release from CBRE, who represented the seller. One building is fully leased to DHL Supply Chain. Lowe’s Home Centers and Muenster Milling Company are tenants of the other. The price wasn’t revealed.
Dallas-based Stream Realty Partners inked a contract to manage a 3.5 million-square-foot industrial portfolio in the San Antonio area, the San Antonio Business Journal reported. The holdings include New York-based BentallGreenOak's 1.6 million-square-foot Enterprise Industrial Park and Los Angeles-based Ares Management Corporation's 1.9 million square feet in Schertz and in the east San Antonio area along Interstate 35.