Partners Development Breaks Ground on 80,000 SF Industrial Project in Seguin, Texas
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. San Antonio industrial demand along the I-35 corridor has been driven by spillover from the larger Texas Triangle gateways. Multifamily fundamentals are steady. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
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SEGUIN, TEXAS — Partners Development, an affiliate of Partners Real Estate, has broken ground on an 80,000-square-foot industrial project in Seguin, located northeast of San Antonio. The project, which will feature tw…
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