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AQUILA Commercial today announced its marketing of Innovation Business Park III for lease on behalf of Titan Development.
Innovation Business Park III is a part of the large multi-tenant industrial park known as Innovation Business Park in Hutto, Texas. Businesses in the park include Western Industries, BryComm, and Paradigm Metals among others. Innovation Business Park III broke ground in the first quarter of 2020 and is set to deliver in shell condition in the fourth quarter of 2020.
The 151,710-square-foot Class A industrial building is 62% pre-leased to EDC Moving Systems. An additional 58,347 square feet of Class-A industrial space is currently available for lease and will be ready for tenant improvements in the fourth quarter of 2020.
Innovation Business Park III sits on just over seven acres and features tilt-wall construction with ESFR sprinklers, spacious concrete truck courts and drives, dock-high loading, and a 32-foot clear height.
The project is located in the emerging suburb of Hutto, Texas. Hutto is particularly appealing for industrial tenants as it offers a Triple Freeport exemption on qualified inventories and is actively engaged with the Foreign Trade Zone of Central Texas. The area has been named the most affordable place to live in the Austin MSA by the Texas A&M Real Estate Center and the Fastest Growing Community in Texas by the Texas State Data Center.
“Hutto has been a great supporter of the Innovation Business Park as a new center of technology, manufacturing, and business,” Director of Development for Titan Development, Joe Iannacone, said. “Demand for space in this park has been astounding and we expect continued interest from businesses desiring easy access to the important I-35 corridor.”
Titan Development is a full-service development company, providing all necessary services to transform raw land into an operational facility. Formed in 1999, Titan Development has a wealth of experience in both land and vertical development. Titan maintains offices in New Mexico and Texas in order to foster the relationships that create success for our clients and investors.
Titan delivers projects with the highest quality work and customer service, within budget and on time and tailors the structure of each development to meet client objectives. For more information, visit: www.titan-development.com
Founded in 2007, AQUILA Commercial is a recognized leader in Austin commercial real estate. Today AQUILA manages and leases over 10 million square feet of office, industrial and retail properties and has over 550 corporate tenant representation clients. AQUILA offers clients full service real estate solutions, providing tenant representation, project leasing and asset, property and project management services for office, industrial and retail properties. For more information, visit: www.aquilacommercial.com.