Koontz Corp. Breaks Ground on San Antonio Industrial Park
The first phase is slated for delivery early next year.
Westport Industrial Park rendering. Image courtesy of Koontz Corp.
Koontz Corp. has broken ground on the first phase of Westport Industrial Park, a 374,400 square feet speculative development in San Antonio. Partners John Colglazier Jr. and Carlos Marquez, alongside Associate Colten Courtney of NAI Partners, are the exclusive leasing agents for the development.
Slated for delivery in February 2023, the first phase will comprise two industrial buildings adding up to 187,200 square feet. Upon completion, the project is set to encompass four buildings with 24-foot clear heights, ESFR fire protection, 5000-amp electrical service, 23 dock doors and 4 drive-in ramps for each building, as well as 480 parking spaces.
Located at 438 S. Callahan Road, the development will be within 5.5 miles of Interstate 410 and within 7 miles of Interstate 10, connecting it to major employment hubs. Central San Antonio is within 6.5 miles of the property.
Underpinning San Antonio’s industrial vacancy tightening to 3.6 percent, a record-low, the development will contribute to the city’s economic growth and will fill the need for industrial space for companies in the sector, mentioned Koontz Corp. President & CEO Bart Koontz in prepared remarks.
The 413,173-square-foot Cornerstone Commerce Center, another industrial project, is underway in San Antonio. Last month, VanTrust Real Estate acquired the last sites of the Cornerstone area and broke ground on the project’s first phase, slated for completion in July 2023.
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