JLL Capital Markets closed the sale of Kyle 35 Logistics Park, a newly constructed 1,392,379-square-foot industrial park in Kyle, Texas, located in the rapidly growing corridor between Austin and San Antonio.
JLL represented the seller, Alliance Industrial Company. MDH Partners acquired the asset.
Completed in 2023, Kyle 35 Logistics Park consists of five state-of-the-art industrial Class A buildings ranging from 140,300 to 474,397 square feet. It features 36- to 40-foot clear heights, ESFR sprinkler systems, ample parking and other modern amenities sought after by industrial tenants. The property is 100% leased to Tesla, Inc., one of the world’s leading electric vehicle (EV) manufacturers and advanced technology companies.
Strategically positioned on Interstate 35, one of the most vital north-south thoroughfares in Texas, Kyle 35 Logistics Park offers exceptional connectivity between Mexico, San Antonio, Austin, Dallas-Fort Worth and beyond to the North Central region of the US. The property’s location provides tenants with access to a growing population of over 25 million people within a five-hour drive.
Additionally, Kyle, Texas has experienced tremendous growth, nearly doubling in size over the past decade. The city combines convenient proximity to Austin’s economic advantages with the benefits of a more affordable, yet rapidly densifying suburb.
The JLL Capital Markets team representing the seller was led by Trent Agnew, Witt Westbrook, Kyle Mueller, Charlie Strauss and Tom Weber.
