 |
J.W. Fields
|
HOUSTON,
TX, Jan. 10, 2024 — Constellation Real Estate Partners, an investor and
developer of logistics properties, announced today it has acquired 25.8 acres
of land located at 6401 North Eldridge Parkway in Houston’s Northwest
submarket.
The price was
not disclosed. Faron Wiley, Senior Vice President, and Joseph Smith,
Senior Vice President, with CBRE’s Houston office have been appointed as the
leasing agents for the project.
The company will demolish an existing
administrative building to develop Constellation Eldridge, a Class A
537,375-square-foot warehouse. Construction will begin in the first quarter of
2024 with completion scheduled for the fourth quarter of 2024.
 |
| Faron Wiley |
Designed by Seeberger Architecture, Constellation Eldridge will feature a
40-foot clear height, 56-foot column spacing, 560-foot building depth, 127
trailer parking spaces, truck circulation drives, and an ESFR sprinkler system.
“The
Northwest Houston industrial market continues to see strong tenant demand with
the ongoing residential real estate and labor expansion on the west side of
Houston,” said J.W. Fields, Partner at Constellation Real Estate
Partners.
“We are confident that Constellation
Eldridge’s infill location will appeal to a diverse group of customers.”
 |
| Joseph Smith |
Constellation
Eldridge is located in the heart of Houston’s Northwest submarket, a preferred
location for large sized distribution, e-commerce, and logistics users serving
the greater Houston MSA. The site is accessible via North Eldridge Parkway and
is only three miles from U.S. 290 and Beltway 8.
About Constellation
Real Estate Partners
Founded
by Jeremy Giles and Hien Le, Constellation Real Estate Partners
is a premier commercial real estate firm specializing in the investment and
development of logistics properties throughout Southeastern and Southwestern
United States.
 |
| Jeremy Giles |
The company
focuses on three core competencies: speculative development, build-to-suit
development, and value-add acquisitions.
Established
in 2021, Constellation Real Estate Partners has rapidly emerged as a stable and
thriving player in the industry, backed by a team rich in capabilities and
expertise.
Its principals have over 125 years of combined experience,
have invested over $25 billion in industrial real estate, and developed over
100 million square feet.
 |
| Hien Le |
CONTACT:
David Ebeling
Ebeling Communications
949.861.8351
949.278.7851 (Cell)
david@ebelingcomm.com
Member of the National Association of Real
Estate Editors (NAREE)
“PR Strategist for the Commercial Real Estate
Industry: I do what I love and love what I do.”
www.constellationrep.co
