MetLife Investment Management and Panattoni Development Company are moving forward with a 450,000-square-foot expansion of Enterprise Park at Twinwood in Brookshire, Texas, after the industrial park's first phase leased up completely. The new phase, consisting of three buildings, follows strong demand that filled the original buildings with tenants Niedex and Vestas.
According to Realty News Report, the companies will construct an expansion of the park, which sits within the larger Twinwood Business Park less than one mile from Interstate 10. Phase II's three buildings will range from 91,000 to 181,000 square feet, with 32-foot clear heights, ESFR sprinkler systems, LED warehouse lighting and speculative office space built in.
Two Buildings Will Mirror the Original Design
Two of the three new buildings will mirror the designs used in Phase I, according to the same Realty News Report account. A third building, planned for an adjacent parcel, will break from that template entirely, featuring a different layout along with extra land set aside for outdoor storage, as Bisnow reports.
CBRE brokers Faron Wiley, Billy Gold, Charles Herold and Jett Bush will continue marketing the project on behalf of MetLife Investment Management and Panattoni, per Realty News Report. That continuity in brokerage suggests the development team is leaning on the same relationships that filled Phase I to find tenants for the new buildings.
Brookshire Fits Into a Busier Twinwood Corridor
The Twinwood area has seen a run of industrial activity beyond just this one park. Clay Development and Construction broke ground on two buildings at Uplands Twinwood totaling 552,240 square feet, the same Realty News Report article notes, while Bridge Logistics Properties separately acquired Clay's 767,520-square-foot Twinwood Distribution Center III, a building Clay completed in 2024.
Vestas is a tenant at Enterprise Park at Twinwood, where its 131,000-square-foot industrial lease is for Building 1, according to REBusinessOnline. Elsewhere in the Houston region, RevKo Commercial Real Estate broke ground on Phase 1 of AeroPoint 1960, a 457,000-square-foot manufacturing and crane-served campus in North Houston, as reported by Bisnow.
Industrial Demand Across the Houston Market
The Brookshire expansion lands amid a broader surge in Houston industrial activity. Leasing activity reached 14.6 million square feet in the third quarter of 2026, up 66.3% from the prior quarter and 31.3% year over year, Cushman & Wakefield reports. Average asking rents also closed the quarter at a record $8.16 per square foot, per the same source.
Figures on net absorption and construction vary by source. Cushman & Wakefield put third-quarter net absorption at 7.3 million square feet, its strongest quarterly total since the second quarter of 2022, and reported 19.6 million square feet of industrial space under construction, down from 23.0 million the prior quarter. Bisnow, meanwhile, cited absorption of 5.4 million square feet for the third quarter, 15% above the 10-year quarterly average, and a construction pipeline of 20.7 million square feet based on JLL data, which it described as the country's second-largest.
Houston's overall industrial vacancy rate held steady at 6.3% in the third quarter, unchanged from the prior quarter but up 20 basis points from a year earlier, according to Cushman & Wakefield. That mix of steady vacancy, record rents and heavy leasing volume helps explain why developers like MetLife and Panattoni are betting on more space in Brookshire.
