Goldman Sachs has acquired Grand Central West – Phase I, a newly built Class A industrial facility in Katy, Texas. The property, located at 22206 Beckendorff Rd., spans 838,446 square feet and was sold by Pinpoint Commercial and Senterra. The building was recently delivered and is described as a modern distribution asset within a growing industrial corridor.
The facility was completed in 2024 as a build-to-suit cross-dock distribution center, designed to support large-scale logistics and warehousing operations. The cross-dock configuration is intended to facilitate efficient movement of goods through the building, aligning with the needs of high-volume users in the distribution and supply chain sectors.
Grand Central West – Phase I is fully leased to Builders FirstSource, a company active in the construction supply and manufacturing sector. As part of its occupancy of the building, Builders FirstSource consolidated four separate locations into this single facility. According to the parties involved, this consolidation makes Grand Central West – Phase I the largest occupied building in the company’s portfolio, underscoring the strategic importance of the site to the tenant’s operations.
The building serves as the anchor asset for the broader Grand Central West industrial park, which is positioned in Houston’s Northwest submarket. This park is planned as a multi-phase industrial development, with Phase I establishing the initial footprint for future build-out. The location connects Katy with the wider Houston industrial network, giving the project access to regional distribution infrastructure.
Phase II of Grand Central West is scheduled to begin in Summer 2026. This next phase will add two more industrial buildings totaling 618,667 square feet to the park. While specific configurations and tenant commitments for Phase II were not detailed, the expansion will significantly increase the overall scale of the Grand Central West industrial park once completed.
JLL Capital Markets represented the sellers in the transaction. The JLL team included Trent Agnew, Charles Strauss, Lance Young, Clay Anderson and Dawson Hastings. The brokerage team’s role encompassed marketing the asset and advising the ownership through the sale process to Goldman Sachs.
With a single tenant occupying the entire building and additional phases planned, the Grand Central West industrial park continues to evolve as a sizable logistics hub within Northwest Houston. The combination of large-format space, a major tenant consolidation and the forthcoming expansion positions the park as a notable industrial node in the Katy area.
