The three buildings will vary in square footage with the smallest at 53,232 square feet and the largest at 148,223. The last building will be 74,104 square feet.
“EastGroup Properties will grow its Austin market footprint to 1.6 million square feet upon the completion of this project.” EastGroup Properties Vice President David Hicks said. “We are excited about the long-term growth and potential of the larger Austin metro area and even more excited about the high growth we are seeing in the Hays County/Buda submarket. We believe that our business distribution buildings, with IH35 visibility and frontage, high image facades, varying building sizes, each with multiple storefronts, will be a timely addition for tenants in need of distribution, light manufacturing, and/or showroom uses.”
EastGroup aims to capitalize on the geographical location of Buda along I-35 and at one corner of the Texas Triangle and its nearby port city that is a major distribution route for domestic, interstate and international goods.
The location of Stonefield 35 will also have direct and quick access to north- and southbound I-35 and is expected to be completed mid-2023.
