BELLINGS

Green Point Building 754K-SF Georgetown Spec Warehouse

Green Point Property plans to build a 754,000-square-foot spec building in Georgetown that could eventually have 3 million square feet of industrial space. It’s in the GTX Logistics Park at 1000 FM 972 The building costs are estimated at $42 million for the concrete tilt-wall…

Green Point Property plans to build a 754,000-square-foot spec building in Georgetown that could eventually have 3 million square feet of industrial space. It’s in the GTX Logistics Park at 1000 FM 972 The building costs are estimated at $42 million for the concrete tilt-wall…

BELLINGS Intelligence Score: 10

Why it matters

The announcement of a $42 million speculative warehouse development is routine commercial real estate activity with limited direct impact on credit markets or lending standards.

Sources

  • Connect CRE

    Green Point Building 754K-SF Georgetown Spec Warehouse

    Green Point Property plans to build a 754,000-square-foot spec building in Georgetown that could eventually have 3 million square feet of industrial space. It’s in the GTX Logistics Park at 1000 FM 972 The building costs are estimated at $42 million for the concrete tilt-wall…