Hutto's Titan Innovation Business Park announces sale of first building

Titan Development Real Estate Fund I announced the sale of Building 1 at Hutto's Titan Innovation Business Park in an April 16 news release. (Courtesy Titan Development Real Estate Fund I)
Titan Development Real Estate Fund I announced the sale of Building 1 at Hutto's Titan Innovation Business Park in an April 16 news release. (Courtesy Titan Development Real Estate Fund I)

Titan Development Real Estate Fund I announced the sale of Building 1 at Hutto's Titan Innovation Business Park in an April 16 news release. (Courtesy Titan Development Real Estate Fund I)

Titan Development Real Estate Fund I announced the sale of Building 1 at Hutto's Titan Innovation Business Park in an April 16 news release.

St. Clair Commercial Real Estate is the purchaser behind the building, according to its website.

Titan Innovation Business Park broke ground in 2017 and is oriented toward "innovative businesses looking to set up in an economical and convenient locale," per the release. Building 1 of the business park is a 148,720-square-foot space. When fully built out, the park is expected to take up approximately 800,000 square feet.

"Hutto has been a great partner with us as we continue to develop the Innovation Business Park into a center of technology, high quality manufacturing and business," Director of Development Joe Iannacone said in the release. "The demand for space in this park has been astounding.”

St. Clair's listing outlines two "institutional quality industrial buildings": Building 1 has been constructed and partially leased, and Building 2 is under construction. Leasing tenants were not named in St. Clair's listing.


“We are excited to see another industrial disposition,” Titan Partner Kevin Reid said in the release. “This sale was an important part of our strategic goals for the year, moving past the rapid deployment of capital into our extensive pipeline of projects into our first round of sales.”
By Kelsey Thompson
Kelsey Thompson is the reporter for Round Rock, Pflugerville and Hutto, where her work focuses on education, city government and community development. Originally from upstate New York, Kelsey relocated to Austin after graduating from Syracuse University in May 2019.


MOST RECENT

CMS also unveiled an interactive map that lets users search any nursing home in the U.S. to see its COVID-19 cases. (Courtesy Adobe Stock)
CMS reports 321 coronavirus deaths in Texas nursing homes, nearly 32,000 nationwide

CMS also unveiled an interactive map that lets users search any nursing home in the U.S. to its COVID-19 cases.

Currently, eight patients are hospitalized, per the report. (Courtesy Centers for Disease Control and Prevention)
Williamson County reports 11 additional cases, two additional deaths June 4

Currently, eight patients are hospitalized, per the report.

Demonstrations, marches and protests are being held across the country following the death of George Floyd. (Taylor Jackson Buchanan/Community Impact Newspaper)
Black Pflugerville to host remembrance march honoring victims of police brutality

The march June 6 will be followed by open discussion with city leaders and an event with information on mental health care and voter registration, a healing circle and religious leaders available for counsel.

INTERACTIVE: As businesses reopen, virus infection rates climb in Round Rock, Pflugerville, Hutto

Following weeks of mandatory closures intended to slow the spread of the coronavirus, restaurants, coffee shops, bars, gyms and other businesses have been given the green light to open at limited capacities.

As of June 3, Round Rock had 308 confirmed cases of coronavirus, 220 more than the next highest city. (Courtesy Adobe Stock)
Round Rock reporting significantly more coronavirus cases than other Williamson County cities—here's why

Round Rock has more than 200 additional cases than the next leading Williamson County city.

A screen image of Sam Biscoe at a meeting of the Travis County Commissioners Court
Travis County allocates $7.3 million in coronavirus relief aid to small cities

Commissioners voted to issue $55 per capita to the county's small cities, significantly less than mayors had lobbied for.

There have been a total of 3,501 coronavirus cases in the county and 95 deaths since the pandemic began locally March 13. (Community Impact staff)
Travis County’s first two coronavirus deaths of June bring total to 95

There have been a total of 3,501 coronavirus cases in the county and 95 deaths since the pandemic began locally March 13.

Texas Gov. Greg Abbott announced Phase 3 of his Open Texas plan June 3. (Brian Rash/Community Impact Newspaper)
Gov. Greg Abbott's June 3 guidelines allow most Texas businesses to operate at 50% capacity

Texas Gov. Greg Abbott continues to lift coronavirus-related business restrictions.

Thirteen additional confirmed cases of coronavirus were reported by the Williamson County and Cities Health District on June 3. (Community Impact staff)
13 additional cases reported June 3 in Williamson County

Of the confirmed cases, 424 have recovered, the report said.

Alta Alexander shows the fire damage at her boutique on East 12th Street, Altatudes. (Photo by Jack Flagler, design by Shelby Savage/Community Impact Newspaper)
Altatudes and Kane's Barbershop, 2 black-owned businesses on East 12th Street, look to rebuild after fire

The Austin Fire Department said a fire that started in the early morning of June 1 at Kane’s Barbershop was accidental and caused by an electrical failure.