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Category Archives: Industrial

Massive Tire Warehouse: 17 Acres Under Roof at Hillwood’s Alliance Gateway 60

FORT WORTH – American Tire Distributors, one of the largest suppliers of tires in North America, is opening a 756,000-SF distribution center at Hillwood’s Alliance Gateway 60 in north Texas. The addition will create 60 new jobs. Headquartered in Huntersville, North Carolina, American Tire Distributors and its affiliates, employ more than 5000 people across the United States and Canada. Alliance ... Read More »

Plastics Firm to Build 1.5 Million SF in Baytown

BAYTOWN, Texas – Ravago Americas, a major plastics firm, will construct a 1.5 million SF distribution and manufacturing campus in the TGS Cedar Port industrial park in Baytown, east of Houston. Ravago acquired 200 acres in Cedar Port for the project, which is near a large concentration of petrochemical and plastics manufacturing complexes. The 15,000-acre Cedar Port, which has waterfront ... Read More »

NAI: Manufacturing Facility to Be Built in Southern Houston

HOUSTON – McKee Tessa LLC has acquired 17.4 acres in southern Houston where will build an industrial manufacturing building. The site is one and a half miles west of Highway 288 at 700 Almeda Genoa Road. Michael Keegan and Clay Pritchett of NAI Partners represented the seller, Carolyn Maxey, Trustee. Chase Spence of Colliers International represented McKee Tessa, a manufacturer ... Read More »

Avera Acquires Industrial Site at Port of Houston

HOUSTON – AVERA Companies, a Houston commercial real estate development, construction and investment firm, has acquired HMS 850, a 41.7 acre marine site at the entrance of the Houston Ship Channel. HMS 850 is located in SE Houston, near both Barbours Cut and Bayport container terminals, with direct access to IH-10 and Independence Parkway, directly across from the San Jacinto ... Read More »

America’s Largest Industrial Park Completes Miles of New Rail Lines, NAI Reports

BAYTOWN, Texas – The 15,000-acre TGS Cedar Port Industrial Park – the largest rail and barge served industrial park in America – has completed construction on a massive amount of rail line. Located just east of Houston, the industrial park is meeting exceptional high demand from raw plastic pellet producers that use rail cars extensively. The developer, TGS Cedar Port ... Read More »

NAI Partners: Houston’s Crane-Served Manufacturing Buildings Suffering Because of Oil Decline

HOUSTON – Demand for crane-served manufacturing buildings has declined sharply in Houston because of the drop in oil prices and drilling activity, according to a report by NAI Partners. Although other sectors of Houston’s industrial market are strong, the crane-served market has 1.4 million SF of sublease space available. Year-to-date the crane-served market has 1 million SF of negative absorption, ... Read More »

Colliers: Land Purchased for GE Betz Facility in Tomball

HOUSTON – GE Betz Inc., a division of GE Power and Water, has acquired a tract in Tomball, northwest of Houston, where it will build a laboratory and office. The $25 million project, the second for the Tomball Business And Technology Park, will create 75 jobs. GE Betz purchase a 5.5 acre tract of land on Spell Road just west of ... Read More »

6,000 Jobs Forecast – New Daikin HVAC Factory Raises Employment Target from 4,000 to 6,000 at World’s Largest Tilt-Wall Building

(By Dale King) HOUSTON – The economic impact of the massive new Daikin Industries facility keeps getting bigger.
A company spokesman now says Daikin may have as many as 6,000 employees when the plant is fully operational in Northwest Houston. That’s a significant increase over the 4,000-employee work force that Daikin expected when the HVAC factory was announced last year. “We are ... Read More »

Plastics Packager Leases Industrial Space Near Ship Channel

HOUSTON – The Packwell company, a Houston-based plastic resin packager, has signed a 286,000 SF industrial lease at Bayport Distribution Center in Pasadena, near Houston. The rail-served bulk warehouse, located near West Fairmont Parkway and Underwood Road, is owned by Industrial Property Trust of Denver. Packwell’s industrial space at Bayport Distribution center will be primarily used for packaging and storing ... Read More »

Colliers: Industrial Leasing Slowing in Sluggish Economy

HOUSTON – Industrial leasing activity is slowing in Houston, although the vacancy rate remains healthy, according to Colliers International. Industrial leasing activity dropped 55 percent to 3.6 million SF, down from 8 million SF in the second quarter of 2016, reports Lisa Bridges, director of market research of Colliers. “Houston’s industrial market shows signs of slowing due to the downturn ... Read More »

CBRE: 21 Million SF of Industrial Space Under Construction in Dallas

DALLAS – CBRE reports 20.7 million SF of industrial space is under construction in Dallas/Fort Worth, with about 32 percent of the buildings preleased, according to CBRE’s second quarter report. Demand is high. During the second quarter of 2016, the Metroplex absorbed 6.6 million SF of industrial space, the best quarter since 2013. CBRE Research has released the Q2 2016 DFW ... Read More »

Sixty-Six Warehouses Under Construction in Houston, CBRE Reports

HOUSTON – Sixty-six warehouses and industrial buildings are under construction in the Houston area, the most robust construction pace in years with 11.2 million square feet being built according to CBRE. Robert Kramp, CBRE’s director of research and analysis, says Houston has become a major distribution hub that no longer relies as heavily on Dallas, the traditional warehouse and distribution ... Read More »

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