Titan Development has plans to develop a custom-built manufacturing facility in Hutto, Texas, partnering with Kval, a manufacturer of door machinery.
At the Titan Innovation Business Park Phase 2 in Hutto, Titan and Kval are designing and building a 52,500-square-foot, build-to-suit facility.
Joe Iannacone, vice president of development at Titan, said, “We are delighted to welcome Kval as the first tenant at our newly launched Titan Innovation Business Park Phase 2 to help them expand their business. Their choice of Hutto and our industrial property is more confirmation of the strong demand for well-located industrial space in the Austin MSA. This is the fifth industrial project funded by our Titan Development Real Estate Fund II, which focuses on investments in industrial and multifamily. We look forward to partnering with other new tenants at Innovation Business Park as we build out the additional 100 acres we have acquired for industrial development.”
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