Houston

CBRE to Lease New 6-Building Industrial Project in Houston for Crow Holdings Development

June 19, 2025

Ariel shot of industrial property

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CBRE has been selected by Crow Holdings Development to market for lease a new industrial development, Hightower Business Park, in Houston, Texas.

Hightower Business Park is located at 6000 McHard Road in Houston, at the intersection of McHard Road and the brand-new segment of Chimney Road currently under construction by Fort Bend County. The class A, multi-tenant industrial development consists of 180 acres and six state-of-the-art buildings with turnkey amenities and flexible floor plans. Phase one includes building one (163,930 sq. ft.), building two (343,332 sq. ft.) and building three (228,954 sq. ft.). Phase two includes building four (179,311 sq. ft.), building five (179,311 sq. ft.) and building six (737,437 sq. ft.).

Construction on phase one has already begun and is expected to deliver in the second quarter of 2026.

Buildings in phase one will feature clear heights ranging from 32 to 36 feet, be equipped with advanced ESFR sprinkler systems and provide ample trailer parking to accommodate logistics needs. Phase two will be delivered at a later date; the developer is actively exploring build-to-suit options for these buildings to meet the specific requirements of future tenants.

The owner will also pursue land sales of a 12.5-acre tract and a 3.6-acre tract on the property.

Hightower Business Park is situated in Houston's thriving southwest submarket with proximity to Fort Bend Parkway, Sam Houston Tollway, Highway 6 and Highway 288. This strategic location is ideal for delivering top-tier service and efficient distribution. Additionally, the property lies within Fort Bend County, recognized as one of the fastest-growing counties in the United States. This area boasts an educated workforce, affordable housing options and a highly supportive business climate, making it an attractive destination for companies looking to expand or establish their operations.

“Hightower represents a significant investment and conviction in the long-term growth of the Houston market by Crow Holdings Development,” said Cory Driskill, Crow Holdings Development Managing Director. “The complexities and scale of the transaction took over a year to close, and the transaction could not have happened without the partnership and support of the land seller, Fort Bend County, and the City of Houston, as well as our partner and lender. While the capital markets have been challenging the last few years, particularly for large-scale, multi-phase projects, we believe the timing is right, the fundamentals are favorable, and that Hightower Business Center will provide tenants the size, access, and amenities that they’re looking for.”

Faron Wiley, Joseph Smith and Greg Holmes of CBRE will market the property on behalf of the Dallas-based real estate development firm.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.

About Crow Holdings Development
Crow Holdings Development (CHD) is a leading real estate development company specializing in multifamily, industrial, and office development across high-opportunity markets in the United States. Led by a highly experienced leadership team, CHD has developed more than 291,000 multifamily units since 1977 and 75 million square feet of industrial space since 2013 and is a subsidiary of Crow Holdings, a privately owned real estate investment and development firm with over 75 years of history, $33 billion of assets under management, and a legacy of looking forward, rooted in its founding principles: partnership, collaboration, and alignment of interests. For more information, please visit www.crowholdings.com.