HOUSTON – Molto Properties, a Chicago-based development firm expanding into the Houston market, has broken ground on a 136,551-square-foot speculative distribution center in northwest Houston, according to Lee & Associates.
Named 290 Northwest Business Center, the project is located at 21420 Northwest Freeway.
Lee & Associates brokers Reed Vestal, Taylor Schmidt and Robert McGee are marketing the Molto property. Chad Parris heads Molto’s Houston office.
“We are excited to continue our expansion in the Houston market. We will continue to focus on distribution centers in and around Houston that will give our clients a logistical advantage,” said Todd Naccarato, managing principal at Molto Properties.
The Northwest Business Center development will include 2,586 square feet of speculative office space, 121 parking stalls, and a loading area equipped with 30 dock-high doors and 2 drive-in doors, accommodating a range of distribution and logistics tenants.
The project enhances Molto’s presence in the region by delivering functional warehouse and office space tailored to modern logistics needs. Situated on a major thoroughfare, 290 Northwest Business Center offers convenient freeway access for regional distribution, last-mile deliveries and tenant operations. Its build-to-suit-ready layout and abundant dock and drive-in capacity make it suitable for third-party logistics providers, e-commerce fulfillment centers and traditional distributors seeking efficient ingress and egress.
Molto Properties has pursued growth in key Sun Belt markets in recent years, and this Northwest Houston development aligns with the firm’s strategy to capitalize on transportation links and demand for modern industrial product. With dedicated marketing from Lee & Associates and local leadership under Chad Parris, the firm aims to lease the facility to tenants that will benefit from the site’s logistical advantages and contemporary specifications.
Details announced to the market emphasize the project’s practical features: a sizable clear-span distribution footprint, a modest amount of attached office space to support onsite management, ample car parking and industry-standard loading infrastructure. These attributes are intended to attract a wide range of logistics tenants, from regional distributors to last-mile operators whose operations depend on rapid access to freeway networks.
As industrial real estate continues to be driven by e-commerce growth and supply-chain optimization, developments like 290 Northwest Business Center contribute additional modern capacity to the Houston market. Molto Properties’ investment demonstrates confidence in local demand for well-located, purpose-built distribution facilities.