Titan Development Expands Industrial Park with 184 Acres
By Anca Gagiuc, Associate Editor
The Titan Industrial Park, located in Schertz and Selma, 20 miles northeast of San Antonio and 60 miles south of Austin, has almost doubled in size. Titan Development earlier this month acquired 184 acres for development after purchasing 124 acres at Enterprise Avenue and Lookout Road last August.
“Titan Development is one of the Southwest’s largest and most active, vertically integrated real estate developers. Titan offers development and construction services for residential, mixed-use, office, industrial and retail real estate,” said Kevin Reid, the company’s chairman.
With this acquisition, the park spans 293 acres of land across two cities and Titan secures a place as a dominant player in the Northeast submarket. The deal secures the last of the larger land tracts that were still available in the area, reported CBRE’s Rob Burlingame, who handles leasing for Titan Industrial Park along with Endura Advisory Group.
“Titan Industrial Park’s original site is well placed to suit users’ expansion needs within the Far Northeast San Antonio submarket. The latest acquisition not only expands the park’s footprint but allows the park to suit a more diverse set of users and offer even more flexible site configurations. It’s truly a win-win situation,” Burlingame said in a news release.
Zoning for the site allows for light-industrial, warehouse, distribution and manufacturing facilities. Due to the location of the development, Titan Industrial Park gains additional growth within the greater Tri-County area, according to CBRE.
Titan Development offers services such as raw and developed land acquisition, full entitlement processes and implementation, fee development, design/build leaseback as well as joint ventures and opportunistic acquisitions, all designed to build material value for clients and investors. They offer development and construction services for residential, mixed-use, office, industrial and retail real estate.Tags: acquisition, Acquisitions/Dispositions, Austin, Brokers, CBRE, Commercial, Developers, Development, Endura Advisory Group, Finance/Investment, Financiers, Industrial, Investors, leasing, Local, Managers, National, Professional, Regional, San Antonio, San Antonio Lead Story, Schertz, Selma, Titan Development, Titan Industrial Park