HOUSTON – Dril-Quip Inc. has sold a 26-acre property at its campus at 6401 N. Eldridge Pkwy. to Constellation Real Estate Partners, which plans to demolish the existing structure and break ground on a speculative 537,375-sf warehouse.
Called Constellation Eldridge, the development will have a 40-ft clear height, 56-ft column spacing, 560-ft building depth, 127 trailer parking spaces, truck circulation drives, and an ESFR sprinkler system.
The property is part of an approximately 210-acre industrial campus, most of which still belongs to Dril-Quip.
The general contractor, Rosenberger Construction, will demolish the current 102,000-sf building and build the cross-dock warehouse. Work is estimated to be completed in the fourth quarter.