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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Houston’s Welcome Group buys tract in Connection Industrial Park

Houston-based Welcome Group recently acquired a 7.6-acre tract near Cal Turner Road and Foster Road, where it plans to develop an office/warehouse project in what is now known as Connection Industrial Park.

Located between Dollar General and Amazon distribution centers, the property is suitable for an office/warehouse building spanning up to 135,000 square feet.

The 350-acre master-planned industrial park boasts an ideal distribution location with ingress/egress to the park and ease of access to and from I-10, Loop 410 and I-35.

There are several nearby roadway improvement projects planned or underway including the widening of Kiefer Road, improvements at the I-10/Foster Road exit and the Foster Road four-lane expansion.  A new interior park road, Cascade Drive, is scheduled for completion in 2022.

This marks Welcome Group’s fourth San Antonio property. The firm recently acquired an 80,431 square-foot office/lab space at 6203 Farinon Drive, currently leased by KCI USA, Inc., and a 43,860 square-foot office/lab facility at 6603 First Park Ten Boulevard.

Click to read full article Final Remaining Tract in Foster Road – Connection Industrial Park, San Antonio, TX Acquired by Houston’s Welcome Group (PR Newswire, 3-7-22)

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