Cypress, TX, August 6, 2019 – Ridgeline Property Group (RPG) and Archway Properties announced today it will jointly develop the Telge 290 Logistics Center, a 207,635 square foot Class A industrial building in Cypress, Texas. Construction is scheduled to begin in the third quarter of 2019 with completion in the second quarter of 2020.
Features of the front load building consist of 32’ clear height, ESFR sprinkler system, 47 dock-high doors with 2 drive-in ramps, 56 trailer parks, 132 car parks, 2,000 amps of power, 180’ truck court and on-site detention.
The 13.97 acre site is located at 14811 Cypress North Houston Road and has direct access to Telge Road. The property is only 8 miles to Beltway 8, 8.7 miles to the Grand Parkway, 12.4 miles to the energy corridor, 23.5 miles to Downtown Houston and 24 miles to George Bush Intercontinental Airport.
“As Class A industrial continues to push out further and further West, we were excited to find this infill site in the burgeoning Northwest market. With direct access to both Telge and Cypress North Houston, we essentially created a corner lot with excellent utility and truck access to the newly expanded Northwest Freeway,” stated Ben Allen, Partner at Archway Properties.
Walker B. Barnett, SIOR, and Ryan Byrd of Colliers International, are marketing the property for lease. Powers Brown is the architect.
“Ridgeline Property Group continues to execute our company strategy of developing multiple sites within the Greater Houston Market. Our next development, Telge 290 Logistics Center is designed to accommodate the needs of today’s e-Commerce and logistics users,” added Greg Thurman, CEO of Ridgeline Property Group.
Ridgeline Property Group and Archway Properties are teaming with USAA Real Estate Company to develop the Telge 290 Logistics Center project.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
About Archway Properties
With offices in Houston and Dallas, Archway Properties offers a broad range of real estate services to its clients and partners including acquisition, development, project management and asset management. Our principals have successfully completed projects with a total value in excess of $1 billion. For more information, please visit www.archwayprop.com.