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Northwest 8 will open in December witha 267,000-square-foot distribution building on 16 acres at Beltwahy 8 and Okanella Road. The site, whicy Proterra has owned since 2000, is located near the southeasty corner of the Beltway and Highway 290 inNorthwesgt Houston. Kit Dolan, Proterra's managing directodr in Houston, said it will cost about $15 million to develop the The distribution space couldx be occupied by between one and four but Dolan said none have beensecures yet. Proterra decided to move forwared withconstruction now, Dolaj said, because existing distribution facilities in Northwesrt Houston are more than 95 percent occupied.
This is the last piecwe of land Proterra owns in Houstonfor development, but Dolan said the firm is lookintg to buy more in the northwes submarket. Proterra also handles third-party leasing and management in Houstonj for roughly 2 million square feet ofindustriakl space.
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