HLCI Expands Houston Footprint with Land Acquisition and Planned Development of The Bend at 249

HOUSTON, TX -- Holt Lunsford Commercial Investments (HLCI), a market-leading commercial real estate investment and development firm, announces the acquisition of a 14.4-acre site in Northwest Houston for the development of The Bend at 249, a 191,768 square foot Class AA industrial facility.

Located along SH-249 between T.C. Jester and W. Montgomery Road, the site offers direct SH-249 frontage with convenient connectivity to Beltway 8 and I-45. The location positions future tenants for efficient access to Houston’s core distribution corridors and regional logistics networks.

Project Overview

The Bend at 249 will feature a single rear-load Class AA industrial building designed for modern distribution, logistics, and light manufacturing users. The project will deliver first-class amenities including white box warehouse space, 36-foot clear height, upsized power via a 3,000 kVA transformer, two LED lights per bay, drive-in ramps with oversized doors, 44 dock high doors, 61 trailer stalls, four ingress/egress points, and a signalized access point to the truck court. A spec office with direct frontage along SH-249 will provide tenants with visibility and a professional presence on one of Northwest Houston's most-traveled corridors.

With groundbreaking imminent, HLCI anticipates a mid-2027 delivery. HLCI has retained CBRE's Faron Wiley, Charlie Herold, and Jett Bush to lead leasing and sale efforts for The Bend at 249; marketing to both prospective tenants and users throughout Northwest Houston.

Market Dynamics

This acquisition marks a continued push by HLCI into the Northwest Houston industrial corridor, one of the most active and supply-constrained markets in the region. Over the past five years, the submarket has absorbed more than 20 million square feet of new occupancy, with vacancy remaining tight at approximately 6.2%.

The Bend at 249 complements HLCI's nearby development, Par 1960, which recently achieved shell completion. Together, these projects establish a meaningful foothold in a corridor that continues to attract high-quality industrial users.

"The Bend at 249 underscores our belief in Northwest Houston as a long-term growth market," said Matthew Sibley of HLCI. "With Par 1960 and The Bend at 249, we are intentionally building scale in a corridor where tenant demand remains strong and supply is limited."

Location Advantage

The Bend at 249 is designed for infill tenants and users focused on location — businesses that need to service not just the Northwest submarket, but the greater Houston area at large. Direct frontage along SH-249 places tenants within easy reach of the region's major highway arteries, including Beltway 8 and I-45, enabling both last-mile delivery and broader regional distribution from a single, well-positioned location.

The surrounding area also offers access to a growing labor pool and dense population base, making it an attractive option for companies focused on both operations and workforce retention.

"Immediately on the heels of delivering Par 1960 in Northwest Houston, we are excited to double down in the area and expand our footprint in an even more infill location. This development will offer the market a premier infill industrial opportunity for a tenant or user that desires to have incredible access and visibility,” said Hutton Lunsford of HLCI.