CBRE to Market 208,560 Square Foot Speculative Cold Storage Facility in Austin

Titan Development and the Sansone Group have engaged CBRE and Aquila to market a 208,560 square foot speculative cold storage industrial building within Innovation Business Park in Hutton, TX. The state-of-the-art facility will have temperature capability from 40° to -20°, 50’ freezer clear heights, and is slated to break ground in Q2 of 2024.

CBRE’s Jason Lev and Jimmy Kowalczyk and Aquila’s Omar Nasser will market the opportunity on behalf of Titan Development and Sansone Group.

Located thirty minutes north of Austin, the property is situated in one of the fastest-growing cities in Texas, with a population of 581,027 within a 15-mile radius. Hutto is known as a transportation hub, with Dallas, Houston, and San Antonio all located within 2.5 hours drive time.

“Cold Storage demand has outpaced availability in the area,” said Lev. “The population growth and lack of cold storage availability has created an environment ideal for a speculative development in Hutto. Shifting consumer habits are ensuring demand for this product type will only grow down the line.”