Houston based National Property Holdings (NPH) is developing Katy Prairie Business Park, a new 87-acre development offering Class A space suitable for a variety of uses. Located at Igloo Road between I-10 and Highway 90 and just minutes west of the Grand Parkway this location in the City of Katy offers superior connectivity and visibility. The ultimate development plan includes three institutional grade, tilt-wall buildings totaling over 1.1 million square feet. The long-term investment strategy for NPH on this project is to develop and manage all the buildings within the park, which will be leased directly to users.
“We are delighted Domino’s selected National Property Holdings to develop its new supply chain center and fresh pizza dough production line in our first building at Katy Prairie Business Park,” said Ryan Lovell, Vice President of Real Estate for NPH. “Our property being located in the City of Katy offers many advantages to our tenants – a strategic location, access to a skilled workforce, availability of utilities and a competitive tax structure. We look forward to continued interest and development activity within our park.”
ARCO Design/Build, Inc. broke ground last December on the new 59,000+ square foot Domino’s building serving as a manufacturing, warehouse and distribution center for more than three hundred stores in South Texas. Walls are currently being erected and construction of the Domino’s project is expected to be complete in Q4 2020.
NPH, which is represented by Robert Alinger of Colliers International, plans to construct two additional buildings available for lease from 402,480 to 680,940 square feet. Katy Prairie Business Park, across the street from Igloo Products’ headquarters, is one of several new projects in the Katy area including Amazon, Costco, Medline and Ross Stores.
National Property Holdings is a developer of commercial properties and industrial buildings, both speculative and build-to-suit. Active construction projects in the Houston MSA include: SouthPoint Business Park Phase 2 (47 acres); Republic Business Center (160 acres); Market Street (a two building site, totaling 395,725 square feet); and AmeriPort Industrial and Business Parks in Baytown, Texas (1400 acres). As a full-service real estate firm, clients have long relied on NPH to design, develop and construct unique build-to-suit and design-build projects.
To see a list of all current National Property Holding developments, visit http://nationalpropertyholdings.com.