Partners Capital has secured users for all of the land in Phase I of North Houston Commerce Park, with each acre reported as sold or under contract and remaining closings anticipated before year-end. The milestone comes ahead of the industrial park’s physical delivery and underscores that the first phase is effectively spoken for on the land side.
The 153-acre project was assembled by Partners Capital’s Land Fund I at the southeast corner of the FM 1960 and Aldine Westfield intersection, a location described as being minutes from George Bush Intercontinental Airport. The initial phase of North Houston Commerce Park is planned to accommodate approximately 1.7 million square feet of Class A industrial space, positioning the park as a significant new logistics and distribution node in the area.
Within Phase I, Portman has closed on 41 acres and commenced construction on Gateway 1960, a speculative industrial development. The project will comprise three buildings totaling 714,339 square feet and is scheduled for completion in summer 2027, according to the announcement. The speculative nature of Gateway 1960 indicates that the buildings are being constructed without pre-committed tenants identified in the disclosed information.
Another portion of the park will be developed by Adkisson Group, which is slated to acquire 35 acres. On this land, Adkisson Group plans to develop nine industrial buildings ranging in size from 30,000 square feet to more than 150,000 square feet. The range of planned building sizes suggests a target mix of users, from smaller industrial occupiers to larger logistics operations, although specific tenant types or commitments are not disclosed.
A third parcel in Phase I has been allocated to a national developer for a build-to-suit project serving a Fortune 50 tenant. While the announcement notes that this parcel is spoken for, no further details are provided on the building size, specifications, or timeline for that build-to-suit facility. The identity of both the developer and the Fortune 50 company is not specified in the available information.
Taken together, the pre-commitment of all Phase I acreage, the launch of Portman’s speculative Gateway 1960 project, Adkisson Group’s planned multi-building program, and a dedicated build-to-suit for a large corporate occupier illustrate a fully allocated first phase of North Houston Commerce Park, focused on delivering new Class A industrial capacity near a major airport hub.
