The Katy area will soon be home to another industrial facility.
Houston-based developer Mars Properties LLC and general contractor Houston-based LaGrone Services Ltd. broke ground Aug. 20 on High Point West, according to a press release from Los Angeles-based CBRE Group Inc. (NYSE: CBRE), whose Houston office is handling the marketing and leasing. Investment costs were not disclosed.
The Class A, 89,440-square-foot industrial distribution center will be on 7.25 acres at 1039 Schlipf Road and is…