749,016-Square-Foot Cross-Dock Warehouse Planned Near Bush Intercontinental Airport

Transwestern Investments and Hanover Company are developing a 749,016-square-foot Class A industrial building in Houston's North submarket, next to George Bush Intercontinental Airport. The single cross-dock warehouse will sit at Rankin Road and U.S. 59/I-69, according to a company announcement. Transwestern Investments is investing in the joint venture on behalf of a separately managed account, and Hanover will lead development.

Construction is expected to begin in January 2027, with completion scheduled for December 2027, according to the announcement. That is a build time of about 12 months. No tenant has been announced, and the state filing lists the tenant as not assigned.