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Buchanan Capital Partners and Vault Partners Close Joint Venture for Wildcat Distribution Center in Southwest Houston


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Buchanan Capital Partners

Oct 07, 2026, 16:52 ET

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AUSTIN, Texas, Oct. 7, 2026 /PRNewswire/ -- Buchanan Capital Partners ("BCP"), an Austin-based, zero-fee commercial real estate investment firm, announced the capitalization and closing of Wildcat Distribution Center, a 321,120 square foot, Class A cross-dock industrial development in Southwest Houston. The project will be developed by Houston-based Vault Partners ("Vault") and marks BCP's first joint venture with the firm. This is BCP's second industrial investment in Houston this year, following North Airport Logistics Center – a 476,000 SF cross-dock in North Houston.

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Wildcat Distribution Center
Wildcat Distribution Center

Located at 222 Holmes Road in one of Houston's most active industrial corridors, Wildcat is inside Beltway 8, with access to US-90 and State Highway 288 and roughly 15 minutes from Downtown Houston, the Texas Medical Center, and Hobby Airport. The Southwest Houston / Inner Loop South submarket is among Houston's tightest, with vacancy near 3.6% versus a metro average of roughly 6.3%.

At 321,120 square feet, Wildcat targets a size segment of the tenant market in high demand. Many of the submarket's comparably sized projects have already been leased or sold to users. This heightened demand has largely been driven by advanced manufacturing uses.

In addition to the building size and location, a key differentiator for the project is its power capacity. With 10,000 amps, Wildcat will be one of the market's highest-powered speculative projects in greater Houston, positioning the project for advanced manufacturing uses. A subset of this tenant category is the rapidly growing data center-adjacent user: industry data shows this subset has more than quadrupled their share of logistics leasing in Houston since 2022.

Drawing on its local Houston presence, Vault will oversee development and construction, alongside the general contractor, FCL Builders. Goree Architects is the project architect, Kimley-Horn is the civil engineer, and BancFirst is providing the construction financing. Michael Foreman with Cushman & Wakefield will lead leasing efforts. Link to the leasing flyer can be found here: Wildcat Distribution Center.

"The BCP team understood what we were building from the first conversation. They're an aligned, performance-based partner who moves quickly and sees the same value in this site that we do," said TJ Cholnoky, Managing Director at Vault Partners. "Wildcat brings together features that are hard to find inside the Beltway: size, access and real power. We see a lot of demand from advanced manufacturing and data center-adjacent users. With a strong design, engineering and capital team behind us, we're ready to deliver a building that meets that demand."

"Wildcat reflects exactly what we look for in a joint venture: a best-in-class local developer, an attractive cost basis driven by a below market land price, and a building that offers something the market can't easily replicate," said Keith Buchanan, Founder of BCP. "Demand for high-power industrial space continues to grow, and Wildcat is able to serve that demand in one of Houston's most supply-constrained infill locations."

The joint venture further expands BCP's industrial footprint across the Southeast with over 2M SF and reinforces the firm's reputation as a leader in strategic, growth-oriented real estate investments that prioritize value creation and investor trust.

About Buchanan Capital Partners
Buchanan Capital Partners, based in Austin, Texas, is a performance-based commercial real estate investment firm focused on delivering consistent, superior risk-adjusted returns. BCP charges no fees, and its investors are paid in full before the firm receives compensation. BCP pursues low cost-basis strategies including direct acquisitions across product types and providing joint venture equity for de-risked opportunistic investments. BCP's Principal has a proven 30+ year track record of successful investing across all commercial real estate product types, primarily in major Texas metros.

For more information about Buchanan Capital Partners, please visit www.buchanancp.com.

About Vault Partners
Vault Partners is a Houston-based industrial development firm that sources, develops, and operates Class A industrial product nationally, with a specific focus on Texas markets. Vault brings deep relationships across Houston's construction, brokerage, and tenant communities and partners with best-in-class general contractors and leasing teams. For more information, please visit www.vaultpartners.com.

Contact:
Gentry Bowen
[email protected]
512-673-7375

SOURCE Buchanan Capital Partners

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