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| Megan Babovec |
DALLAS, TX, Oct. 19, 2022 – JLL Capital Markets and Titan Development announced today they have closed the sale of Titan Development’s Gateway 35 Commerce Center Building 1, a newly built 294,297-square-foot single-tenant industrial building in the Austin suburb of Georgetown, Texas, occupied by CelLink Corporation.
JLL
represented the seller, Titan Development, in the sale. The price was not
disclosed.
The
JLL Capital Markets Industrial team representing the seller was led by Senior
Managing Directors Trent Agnew and Dustin Volz, Directors Dom Espinosa,
Associate Josh Villarreal and Analyst Megan Babovec.
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| Dom Espinosa |
Completed in June 2022, Gateway 35 Commerce Center Building 1 is a 100% climate-controlled, cross-dock building featuring 36’ clear heights, 94 trailer stalls, 60’ speed bays, 185’ truck court and 220 parking spaces (0.75/1000 SF).
The building was pre-leased to CelLink,
serving as a mission-critical facility for the tenant and is their first
manufacturing and distribution facility in Texas. CelLink, which is based in
California, manufactures the world’s largest and most electrically and
thermally conductive flexible circuits.
Positioned
on 20.96 acres at 2550 N IH-35 Frontage Road, the property is in North Austin
at the intersection of Interstate 35 and Highway 130, two of the most vital
north/south thoroughfares for the Central Texas region.
 |
| Josh Villarreal |
In addition, the area’s labor force
encompasses more than 700,000 potential workers and spans 35 miles north to
Temple and 45 miles south to Buda.
For
more news, videos and research resources on JLL, please visit our newsroom.
CONTACT:
Cierra Lacasse, JLL Associate
Public
Relations
Phone: +1 602 648 8701
Email: Cierra.Lacasse@am.jll.com
www.titan-development.com.
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