Stream Realty Breaks Ground on San Antonio Industrial Park

Interpark Logistics Center Building 2. Image courtesy of Stream Realty Partners.

Stream Realty Partners has started construction on Interpark Logistics Center, a five-building, 689,215-square-foot industrial complex in San Antonio. Stream Executive Vice President Michael Kent and Vice President Payton Ryan will oversee the leasing of the development following its completion in August 2023. The company’s San Antonio branch will also provide property management services for the new project.

Interpark Logistics Center is Stream’s second San Antonio commercial project launched this year, following the groundbreaking of OneFiftyOne Medical Office, a 60,000-quare-foot medical development.

The Class A office and warehouse buildings will range in size from 119,000 to 155,000 square feet, with 24 to 40 dock doors and 32-foot clear heights. The complex will also offer a total of 820 car parking spaces and 125 trailer parking spots. The development is situated between U.S. Highway 281 and Wurzbach Parkway, directly across from San Antonio International Airport and within 12 miles of Downtown San Antonio for quick shipping and fulfillment.

Texas top market

Despite a nationwide shortage of land and supply chain woes, the industrial sector is experiencing solid growth. Texas remains the largest hub for industrial construction in the Southwest, with San Antonio placing fifth among the state’s markets, with 3.9 million square feet of space underway and 2.7 million square feet delivered as of June, according to CommercialEdge data.

Putting these trends in context, Kent told Commercial Property Executive that “San Antonio has a growing list of industrial projects under construction in response to record low vacancy. … Interpark’s location at U.S. 281 and Wurzbach Parkway provides the type of infill opportunity that is difficult to replicate.”

Other Stream Realty undertakings in Texas include 20 East at 12955 FM 2932, a 3.4-million-square foot industrial development in Mesquite, and the Portside Logistics Center, a 1-million-square-foot, two-building development in Baytown.