HOLT LUNSFORD COMMERCIAL INVESTMENTS ACQUIRES 22 ACRES IN CEDAR PARK, TX FOR AN INDUSTRIAL PARK
DALLAS, TEXAS (December 17, 2024) — Holt Lunsford Commercial Investments (HLCI), a market-leading commercial real estate investment and development firm, announces the acquisition of a 22-acre tract along Highway 183A in Cedar Park, Texas. The site will host the development of a 281,040-square-foot Class A industrial park that is expected to drive job creation and local economic growth.
With construction expected to commence in late 2025, the property is located northwest of Austin and offers direct access to Highway 183A and connectivity to major thoroughfares, including I-35. The project consists of three rear-load buildings strategically designed to meet tenant needs: the first (and largest) building makes up 138,600 square feet of space while building 2 totals 97,200 square feet and building 3 spans 45,240 square feet.
“Cedar Park has a track record of attracting high-quality manufacturing and technology firms,” says Jon Lueders, Vice President of Development for HLCI. “Not only will this site provide much needed warehouse space to support these businesses, but our projects will serve as a talent incubator and growth platform for some of the most in-demand business lines in the Austin community.”
Currently, HLCI has more than one million square feet of active industrial developments in the Austin market. The Cedar Park acquisition marks a significant addition to HLCI’s industrial development portfolio, aligning with its strategy to pursue infill, shallow-bay industrial opportunities through its recently closed third industrial investment fund, Fund III. Totaling $132 million in capital commitments, Fund III focuses on developments in high-demand markets across Texas. HLCI is actively seeking additional land acquisition opportunities in the Austin area to address increasing demand for Class A industrial space.
For more information about Holt Lunsford Commercial Investments and its projects, please visit holtlunsford.com/investments or contact our offices directly.
