WALLER COUNTY, TEXAS…In January 2019, Clay Development & Construction Inc. will begin construction on a 621,920-square-foot distribution center on 30.82 acres between the Katy Freeway/I-10 and Highway 90, west of Pederson Road, in Waller County, Texas, in the Katy/West Houston submarket. The new building will be completed in August 2019. The site provides 1,500 feet of Katy Freeway visibility to 46,032 vehicles daily and is the first development in the 106.6-acre Pederson Distribution Park.
“At 622,000 square feet, Pederson Distribution Center I is right-sized for the Katy market, where Amazon, Academy, Rooms to Go and Igloo occupy 1,000,000 to 1,700,000-square-foot mega-distribution centers,” says Robert Clay, president of Clay Development & Construction. “In the last 10 years, the average size of new buildings here has been 840,000 square feet. The area serves a population of 16 million within a 200-mile radius. Retailers and distributors are looking for locations in the area to capitalize on the 12-percent population growth since 2010. We are meeting that demand with state-of-the-art distribution space in a high-visibility, highly accessible location.”
John Simons, Gray Gilbert and Chris Haro of NAI Partners, in addition to Charlie Christ of Clay Development & Construction, will handle leasing of the building. With access via Pederson Road and Highway 90, Pederson Distribution Park is situated between Brookline and Pederson roads and bounded on the south by I-10. It is 12 minutes from the Grand Parkway/Highway 99 and 3 minutes from Houston Executive Airport. The site allows for an additional 1,000,000 square feet of industrial space. Clay purchased the Pederson Distribution Park land in 2015.
Pederson Distribution Center I is a cross-dock distribution facility with 36-foot clear-height ceilings, 70-foot speed bays, 147 nine-by-ten-foot dock-high doors and four drive-in ramps with 14-foot by 16-foot overhead doors. The project will have two 130-foot truck courts, up to 256 employee parking spots and the option of 170 trailer parking spots.
Pederson Distribution Park is a professionally managed and deed-restricted development with a regional water detention program and an ESFR fire sprinkler system.
Clay Development & Construction is providing construction and architecture for Pederson Distribution Center I. Construction financing is by Frost Bank.
Clay Development & Construction, Inc. is a Houston-based, commercial real estate development and construction firm specializing in industrial build-to-suit facilities for sale or lease.