Minneapolis-based Ryan Cos. and DWS Group, a German asset management company, are partnering on a major Austin-area industrial project. The companies plan to develop a six-building, 1.2 million-square-foot industrial development in the Austin suburb of Manor, the Austin Business Journal reported.

Plans for Mustang Crossing, a 127-acre site at 13754 Gregg Manor Road, include buildings ranging 58,000 to 435,000 square feet. According to a Commercial Edge report:

The first phase of construction includes only four of these buildings, at a cost of nearly $59 million, documents filed with the Texas Department of Licensing and Regulation show. According to the same source, construction is scheduled to begin this December and conclude by March 2026.

These first four buildings are:

Building 1—291,200 square feet; $27.8 million
Building 2—141,120 square feet; $14.3 million
Building 3—58,240 square feet; approximately $7 million
Building 4—91,520 square feet; $9.7 million

All of the buildings will be rear load, except for Building 5, which will be a cross-dock facility and the largest, at 434,560 square feet. It will also have 40-foot clear heights, four grade doors, 92 trailer stalls and 503 car parking spaces.

Building 3, which is the smallest, will have 28-foot clear heights, 19 docks, two grade doors and 70 car parking spaces.

Other specs include:

Building 1—36-foot clear heights, 60 docks, six grade doors, 37 trailer stalls and 420 car parking spaces
Building 2—36-foot clear heights, 35 docks, four grade doors, 47 trailer stalls and 211 car parking spaces
Building 4—32-foot clear heights, 35 docks, two grade doors, 43 trailer stalls and 204 car parking spaces

The site near State Highway 130 and U.S. Route 290 is 17 miles north of the Austin-Bergstrom International Airport.

JLL Senior Managing Director Ace Schlameus will be in charge of leasing at the property.