Lovett Industrial and Clarion Partners have started construction of Interchange 249, a 240-acre class A industrial business park in Houston consisting of more than 3 million square feet within 10 buildings located at the southwest corner of Highway 249 and Rocky Road.
Interchange 249 will be a three-phase project, with Phase I consisting of four buildings totaling approximately 1.9 million square feet, 48 percent of which is pre-leased to Macy’s. Phase I is set to include four buildings: a 908,853-square-foot build-to-suit cross dock, a 746,246-square-foot cross dock, a 138,375-square-foot front load and a 98,400-square-foot rear load. The Phase I buildings will feature 32- to 40-foot clear heights and 577 trailer parks; construction is set to be completed in first quarter 2023.
The site has direct access to both the Grand Parkway and Highway 249, allowing for efficient regional and local distribution. Additional qualities include excellent proximity to a high-qualit
