Levey Group buys land as site of potential biggest building in Pearland
Lower Kirby in Pearland spans 1,200 acres at the southwest corner of the intersection of Beltway 8 and Texas 288.Several speculative warehouse developments are on tap for Pearland's Lower Kirby District, including one that could possibly contain the city's largest building.
In the northwest portion of the district, Houston-based Levey Group has purchased 38 acres near South Sam Houston Parkway and Almeda School Road as the site of Levey Logistics Park, a two-building project totaling approximately 650,000 square feet. Based on preliminary plans, one building would contain 165,000 square feet, and the other would span 485,000 square feet, an area large enough to house eight football fields under one roof.
The buildings, which will be developed on a speculative basis before securing tenants, will target distribution/logistics/warehousing tenants and can be configured to house one or more companies, Wilson said. The site was purchased from Sterling Bridger Industrial, which was represented by Paul Dominique, Jon Lindenberger and Jason Tangen of Colliers.
Demand for Houston area industrial buildings soared to record levels since the pandemic, with retailers and third-party logistics companies leading the growth. Construction across the Houston region reached a record of 22.5 million square feet in the third quarter, according to commercial real estate firm JLL.Lower Kirby is home to several manufacturers, including a 300,000 square-foot building for biotech company Lonza. It will welcome Houston-based medical device maker Millar next year.
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