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Category Archives: Industrial

70 Industrial Buildings Under Construction in Houston Due to Energy Boom

HOUSTON – Seventy industrial buildings are under construction in Houston, where a continued expansion in the energy industry has driven up warehouse rents significantly in the last year. “Houston’s industrial market remains one of the healthiest in the U.S. primarily due to continued expansion in the oil and gas industry.  It has accelerated Houston’s job growth, increasing demand for housing ... Read More »

Texas Industrial Items

(Compiled by HOUSTON – Houston’s industrial market delivered 5.6 million square feet of new inventory in the first half of 2014, according to Colliers Houston Industrial Market Research & Forecast Report. Houston’s industrial market remains one of the healthiest U.S. industrial markets; its continued expansion sustained primarily due to the growth in the oil and gas industry, Colliers reported. ... Read More »

Prologis Buys Houston Industrial Portfolio

HOUSTON – Prologis Inc., an industrial REIT, purchased a three-property industrial portfolio totaling 219,452 square feet in Houston’s Prologis Park NorthPark, formerly NorthPark Central Business. HFF marketed the portfolio on behalf of the seller, J.A. Billipp Company. The sale included three dock-high and grade-level industrial buildings comprised of office/warehouse, technology and bulk distribution facilities with 18’ to 24’ clear ceiling ... Read More »

Major Industrial Sale Reported in Baytown, Texas

BAYTOWN, Texas – CenterPoint Properties proudly announces the acquisition of four buildings totaling 1.2 million square feet at Cedar Crossing industrial park in Baytown, just east of Houston. The four buildings are capable of processing and packaging plastic resin and are fully occupied by Exel Logistics. This acquisition brings CenterPoint’s portfolio in Houston to 2.5 million square feet. . Billy Gold ... Read More »

EastGroup Properties REIT Buys Austin Industrial

AUSTIN – EastGroup Properties acquired the Centerpoint @ Colorado Crossing, a 265,099-square-foot, four-building industrial complex in east Austin. The transaction was announced by CBRE. The Class A development was constructed in 2009 and is 100 percent leased. The four buildings are made up of an average of 24 prcent office and 76 percent light industrial. Centerpoint @ Colorado Crossing is located on ... Read More »

Lennox Lease Anchors New DCT Industrial Project

HOUSTON – Lennox International has leased 190,000 square feet of distribution space in a new northwest Houston project being developed by DCT Industrial Trust, a publicly traded industrial real estate company. Lennox International, a leading manufacturer of climate control products for the heating, air conditioning and refrigeration industries, will be the lead tenant in a 362,000 square-foot building under construction ... Read More »

Texas Triangle Industrial Site Purchased

SEGUIN, Texas – Rockspring Capital, a privately-owned real estate investment firm based in Houston, has purchased a 121-acre industrial, development-ready site in Seguin, Texas. Rockspring Capital acquires with all cash in markets within the “Texas Triangle” – Houston, Austin, San Antonio and Dallas/Ft. Worth. The Seguin site is about 160 miles west of Houston, 40 miles from San Antonio and ... Read More »

Border Play: IndCor Buys 1 Million SF of Industrial in El Paso

EL PASO, Texas – IndCor Properties purchased the 10/375 Industrial Portfolio, totaling 1,095,407 square feet in El Paso, Texas. The portfolio includes seven Class A bulk distribution buildings that are 83% occupied. Tenants include ProTrans International, Inc., Electrical Components International, and Handgards, Inc. All buildings were constructed between 1994 and 1996, and feature 24-foot to 30-foot minimum clear height; 120-foot to ... Read More »

Transwestern Development Starts 1.2 Million SF Industrial Project West of Houston

HOUSTON  – Transwestern Development Co.  purchased a 74-acre site in West Ten Business Park on Interstate 10 at Cane Island Parkway in Katy, west of Houston, where is will build a large spec industrial project. The firm will break ground in mid-July on phase one of West Ten Distribution Center, which consists of two speculative industrial buildings totaling 415,296 sf. ... Read More »

Avera Developing Spec Industrial in Oil-Rich Permian Basin

ODESSA, Texas – AVERA, a Houston-based commercial real estate development, construction and investment firm, is developing a spec industrial building in the Permian Basin of west Texas. The Permian Basin region is one of top oil-producing areas in the world. Baker Hughes reports 546 drilling rigs were operating in the Permian Basin last week, up from 469 a week earlier. Avera ... Read More »

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