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Second San Marcos Industrial Project by Balcones Real Estate

Sector: Manufacturing (Industrial) • Location: San Marcos, Texas, United States

Source: The Business Journals

Project
Planned

Balcones Real Estate Group LLC is planning to build three buildings totaling 160,000 square feet at 235 Aiken Drive in San Marcos. This project follows the recent completion of a 100,000-square-foot industrial building at 500 Wonder World Drive, which was 70% leased within 120 days. The new project targets smaller tenants with spaces of 7,000 to 12,000 square feet, a segment underserved in the reg

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The project “Second San Marcos Industrial Project by Balcones Real Estate” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in San Marcos, Texas, United States. Taiyo aggregates data on it from The Business Journals.

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Description

Description

Balcones Real Estate Group LLC is planning to build three buildings totaling 160,000 square feet at 235 Aiken Drive in San Marcos. This project follows the recent completion of a 100,000-square-foot industrial building at 500 Wonder World Drive, which was 70% leased within 120 days. The new project targets smaller tenants with spaces of 7,000 to 12,000 square feet, a segment underserved in the regional industrial market. Construction is set to start in January and complete a year later, with the company seeking financial incentives from the city of San Marcos.

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