Phelan breaks ground on Stafford Centre Business Park a spec, two-warehouse 159K-SF industrial development

6/20/2025

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Houston Business Journal

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• Subcategory: Industrial: Warehouse

• Tag: New Construction

• Additional Filters-Subcategory: Industrial: Spec

• Company: Jones Lang LaSalle (NYSE: JLL), Phelan Development Company

Story Highlights
Phelan-Bennett Development begins construction on Stafford Centre Business Park.
Two warehouses totaling 158,792 square feet are expected to be complete in Q1 2026.
Despite higher-than-average vacancy, the Stafford region has several selling points.