PinPoint to develop new Houston FedEx freight facility
Developer PinPoint Commercial has been selected to develop and lease a 243-door, 153,853-square-foot, cross dock freight facility in Northwest Houston to FedEx Freight East Inc. Terms of the contract were not disclosed.
The terminal will be located at Houston-based PinPoint Commercial’s 115-acre Satsuma Station Industrial Park near the intersection of Highway 290 and FM 1960, where it will occupy more than one-third of the total acreage.
According to PinPoint Commercial, the design for the terminal already has been expanded by about one-third from the original plan because of the estimated growth in freight needs of the Houston area and the need for a presence in Northwest Houston.
It is believed it will be the largest hub in the FedEx Freight network. The project is expected to open by the second quarter of 2008.
