Avera Announces Baytown Development

The Avera Companies, a commercial real estate development, construction, and investment firm, has partnered with AEW Capital Management to develop Kilgore Grand Parkway, a 522,135 square foot cross-dock building situated on 33.92 acres in Baytown, Texas. Kilgore Grand Parkway boasts an ideal location in the southeast market with Grand Parkway frontage. The building will be positioned to efficiently serve tenants needing access to the Port of Houston, as well as those that require close proximity to Interstate 10. The project will offer a 40’ clear height, 185’ truck court, Dock High, ESFR Sprinkler System, TPO Roof System, Built to Suit Office, as well as ample trailer and employee parking.

“Kilgore Grand Parkway represents a unique value in the current land environment, satisfying Houston’s strong need for larger buildings, while maintaining a prime location in the southeast market. As Houston pushes innovation and capacity, the building will appeal to national tenants entering Houston for the first time as well as current tenants looking to expand,” said Trey Odom, President and CEO of The Avera Companies. ​“This location offers superior access to the Port, Interstate 10, and with the soon completion of the Grand Parkway, easy access to US 59 and Interstate 45. There is strong demand for 40’ clear product, and this size is perfect for the marketplace,” said Kelley Parker, Vice Chairman of Cushman & Wakefield.

Kilgore Grand Parkway is estimated to be delivered in Q2 2024. For information regarding leasing, please contact Kelley Parker with Cushman & Wakefield.