Molto Properties Signs 310,366-Square-Foot Lease at Blue Springs Business Park 

GEORGETOWN, Texas — Molto Properties has signed a 310,366-square-foot lease with an undisclosed tenant for the entirety of Building 2 at Blue Springs Business Park Building in Georgetown, Texas. The tenant will occupy the entirety of Building 2, bringing the 604,064-square-foot, three-building speculative project to more than 93% occupancy. 

Blue Springs Building 2 totals 310,366 square feet and features 36-foot clear height, 80 overhead doors, four grade-level ramps, 59 trailer parking spaces, 197 car parking spaces, ESFR sprinklers and access to heavy power for advanced manufacturing and industrial users. The three-building development is located along the I-35 corridor with access to the greater Austin market. Only 40,281 square feet remain available in Blue Springs Business Park Building 1. 

“We are excited to welcome another tenant to Blue Springs Business Park,” said Kevin Mohoney, Senior Vice President at Molto Properties. “Their decision to lease the entirety of Building 2 is an important milestone for the project and reflects the uptick in leasing momentum in the Austin metro this year. Access to heavy power was an important consideration, and the City of Georgetown played a critical role in helping make this project a success. We appreciate the City’s partnership, responsiveness and business-friendly approach, which continue to support economic growth and attract world-class companies to the market.” 

The lease transaction was facilitated by Carter Thurmond, Principal at Endeavor Real Estate Group and Nash Frisbie, Director at Cushman and Wakefield who represented Molto and Travis Hicks and Chase Clancy, Executive Vice Presidents of Colliers, who represented the tenant.  

About Molto Properties 

Molto is a privately held real estate company that is built upon a foundation of respected industry leaders with expertise as both operators and developers of industrial properties. Since its founding in 2008, Molto has acquired or developed nearly 20 million square feet of industrial real estate valued in excess of $1.2 billion with a geographical focus on the Midwest, Texas, and California. The company is committed to building long-term relationships with its investors, venture partners, tenants and brokers. 

For media inquiries, please contact: info@moltoproperties.com