Austin

Ice-Cold Mega Warehouse Rises Off I-35 as Houston Builder Bets Big on Schertz

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Published on July 07, 2026
Ice-Cold Mega Warehouse Rises Off I-35 as Houston Builder Bets Big on SchertzSource: Google Street View

Schertz is getting what amounts to a giant high-tech fridge. Houston-based cold storage developer Boomerang Industrial has broken ground on STX Frio, a roughly 325,274-square-foot speculative cold storage warehouse on about 25 acres at 22218 FM 2252, less than half a mile from Interstate 35. The project, slated for delivery in the fourth quarter of 2027, is Boomerang's first San Antonio-area development and is aimed at temperature-sensitive users across Central Texas.

In a press release via PR Newswire, Boomerang said STX Frio is a joint venture with Marble Capital and is designed to handle freezer and cooler operations, food processing and distribution. The release names ARCO Design/Build as the project's contractor and notes that JLL will lead leasing, while JLL also arranged financing for the development.

According to the Schertz Economic Development Corporation, the city agreed to back a new sewer extension to the FM 2252 site to unlock additional industrial parcels along the corridor. The EDC's annual report also cites an earlier estimate of roughly 40 million dollars in capital investment for the Boomerang project and points to adjacent plans by Lovett Commercial to add about 500,440 square feet nearby.

Why Schertz and the I-35 Corridor Matter

Developers pitching the site say the location's proximity to Interstate 35 and Port Laredo trade routes lets users reach both San Antonio and Austin without long hauls. CityBiz reported that the property sits less than a half mile from the interstate and is positioned to tap into the Texas Triangle's freight traffic.

Building Specs and Who’s on the Job

Boomerang Industrial lists a 50-foot clear height, LED lighting, a Tyco Quell dry-fire sprinkler system and vertical-storing hydraulic dock levelers for the building, along with room for up to 68 trailer stalls and a deep truck court. The developer says the box can be delivered as a single-tenant facility or split for two or three occupants, opening options for third-party logistics providers, wholesalers or food processors.

In a separate statement carried by PR Newswire, Boomerang said JLL, led by a local leasing team, will spearhead marketing for the site and reiterated that the building is expected to deliver in the fourth quarter of 2027. ARCO Design/Build's leadership praised the partnership in comments included with the announcement.

Local officials are betting the cold box will thaw more investment along FM 2252. The EDC's materials show the Boomerang and Lovett developments together represent roughly 75 million dollars in committed capital to the corridor. The same documents say completing sewer and other utilities at the site should open additional shovel-ready lots for future industrial development.

How This Fits the Cold-Storage Boom

Industry analysts say modern cold-storage product is still in demand even as the broader sector cools in spots, with new space expected to capture most net absorption in 2025 while older facilities lose tenants. A recent Commercial Property Executive look at Newmark data found that newer buildings accounted for the bulk of positive absorption last year, which helps explain why developers are targeting central Texas trade corridors for fresh projects.

Local coverage in the San Antonio Business Journal noted that this is Boomerang's first San Antonio-area project, underscoring the industrial momentum building north of the city. Boomerang and its partners told the outlet that site work has begun and that they expect to have STX Frio ready for tenants by late 2027.