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Work Begins on Industrial Project in Once-Sleepy Part of Houston

Prolific Austin, Texas-Based Company Aims To Finish New Building by Fall of 2023
Stonelake Capital Partners recently began construction on a new industrial building in northeast Houston, which is pictured here in an architectural rendering. (CoStar)
Stonelake Capital Partners recently began construction on a new industrial building in northeast Houston, which is pictured here in an architectural rendering. (CoStar)
By Marian Shaw
CoStar Research
January 10, 2023 | 7:12 P.M.

A private equity firm with a long list of completed industrial developments has broken ground on its latest Houston project, a 349,000-square-foot logistics building in a relatively underdeveloped part of the city.

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