Prologis leases Cypress facility to Enchanted Rock for production
Prologis has completed a full-building lease with Enchanted Rock for a 407,302-square-foot facility at Legacy Point in Cypress, Texas.
Main announcement: Prologis completed a full-building lease with Enchanted Rock for a 407,302-square-foot, Class A facility at Legacy Point (18501 Mound Road, Cypress, Texas); the building is the first delivery within the 350-acre master-planned park expected to support more than 5 million square feet of industrial development and is estimated to bring over 2,000 jobs at full build out. The site will serve as Enchanted Rock’s dedicated assembly, production, and testing hub for natural gas generators and includes a solar-ready roof and cross-dock layout with 36-foot clear heights.
Background and details: The expansion is intended to expand production capacity to meet demand from utilities, retailers, and data centers, strengthen supply chain resilience and enable Enchanted Rock’s end-to-end business model (project origination, EPC, permitting, fuel strategy, operations & maintenance, energy market participation, and 24/7 monitoring via its Microgrid Control Center). Colliers’ Robert L. Alinger and Wes Williams represented Prologis in the transaction. Prologis reports Texas warehouse throughput of $273.2 billion in 2024, with associated $31.8 billion GDP impact and $5.2 billion in tax revenues.