Vacancies are still low and rents are still increasing, keeping industrial properties one of the strongest real estate sectors in 2022. Seefried Industrial Properties broke ground on a 500,000 s.f. logistics center on a prime site in north Houston. The Compass Logistics Center is less than five miles north of Beltway 8, at I-69 and McKay Drive.
Cushman & Wakefield commissioned PRISM to produce a 3D animation for the leasing package; Seefried Industrial Properties wanted prospects to clearly see the various loading capabilities and convenient trailer and auto parking configuration. The animation is instrumental in helping Cushman & Wakefield reach out-of-town prospective clients and provides a clear visualization of how the project will look before it is complete. Compared to static images alone, it also helps to generate excitement and show the market that the development is real and coming.
The Class A Compass Logistics Center will house almost 114,000 s.f. of front-load space plus 94,748 s.f. of rear load and 209,592 s.f. cross dock. The site is bounded by McKay Drive to the east and the planned Humble Parkway to the west. Construction is expected to wrap up late in 2022.