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Industrial Submarket Spotlight: Lockhart’s Rise as a Food Logistics and Ag-Tech Hub
South of Austin, the city of Lockhart is quickly becoming one of Central Texas’s most active industrial submarkets. With direct access to State Highway 130 and U.S. 183, affordable land, and strong proximity to Austin and San Antonio, Lockhart draws steady investment from food producers, cold-storage operators, and ag-tech firms looking for growth space outside the urban core.
Leading the charge is RealCold, a national cold-chain logistics operator and subsidiary of Related Companies. RealCold recently opened its 312,000-square-foot flagship facility in Lockhart, the company’s first ground-up project and a $65 million investment. The site includes roughly 38,000 pallet positions and 16 million cubic feet of temperature-controlled space to support e-commerce and direct-to-consumer fulfillment. It is expected to create more than 100 jobs and has capacity for another 142,000 square feet of expansion, with longer-term plans for an additional 877,900 square feet of related warehouse space.
*Research information is sourced from CoStar data compiled through ECR from custom reports using existing, non-owner occupied properties above 10,000 SF.
