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Category Archives: Industrial

Sealy & Co. Buys Sam Houston Business Park

HOUSTON – (Realty News Report) — Sealy & Co. acquired the Sam Houston Business Park, a 262,631-SF, four-building project in northwest Houston. Tom Lynch & Heather McClain of CBRE represented the seller, the Levey Group. The business park, which is 100 percent leased, is located in the 8800 block of North Sam Houston Parkway West. “The acquisition of this trophy ... Read More »

Warehouse Boom: 3 Million SF Broke Ground in Fourth Quarter, CBRE Reports: Land at $196,000 Per Acre

HOUSTON – (Realty News Report) – Warehouses totaling more than 3.3 million SF broke ground in Houston in the fourth quarter of 2017, accentuating a trend for higher industrial land prices, according to CBRE. Many of the new industrial buildings are being constructed on a spec basis, CBRE said, although Hines and Arch-Con Construction are building 600,000 SF for Emser ... Read More »

Crow’s New Spec Project Reports Strong Leasing

HOUSTON – (Realty News Report) – The new Stafford Grove Industrial Park, a 352,000-SF in Houston’s southwest market, has reached 85 percent occupancy. The spec project, completed in January 2017, is owned by Crow Holdings Industrial. Notable tenants that have signed leases at Stafford Grove include Jackson Supply, Tire Centers, Mester Lighting Corporation, Matrix Metals, QRC Valve Distributors, Chaoda Supply ... Read More »

Dallas Fund Buys 936,608 Square Feet in Houston

HOUSTON – (Realty News Report) – ATCAP Fund I bought a four-property, 16-building Houston industrial portfolio totaling 936,608 SF. The HFF team of Trent Agnew and Rusty Tamlyn represented the seller, Stockbridge Capital Group of San Francisco. “Class B industrial, especially portfolios of scale, continue to generate a tremendous amount of interest due to the lack of competitive supply, pricing ... Read More »

Sales Up 127 Percent in Evolving Houston Sector

HOUSTON – (Realty News Report) – Warehouses are a hot item in Houston. Warehouse sales are up 127 percent year-to-date over the sales volume of 2016, according to a November report by NAI Partners. Houston is poised to break the $1 billion barrier soon. So far this year $984 million in industrial sales have been recorded. Institutional investors have accounted ... Read More »

Steel Manufacturing Plant Sold and Will Re-Open

CONROE, Texas – Falcon Steel America, a manufacturer of high-voltage transmission tower and other steel structures, acquired a 226,000-SF manufacturing facility in Conroe, north of Houston. The addition of the new plant, located on 25 acres at 3575 Pollok Drive, will more than double the Fort Worth-based company’s manufacturing capacity. Falcon Steel America, which is remodeling the plant, expects to ... Read More »

Capital Plastics International Sells Stafford Building

STAFFORD, Texas — Capital Plastics International sold its 70,000-SF office/distribution building on Cash Road in Stafford to Tarhong Properties. Jim Pratt and Trey Erwin of Colliers International represented Capital Plastics. Michael Brent with the City of Industry, California Lee & Associates office represented Tarhong Properties. Capital Plastics is relocating to 1601 Gillingham Lane in Sugar Land, a 330,000-SF building it ... Read More »

Craft Beer Distributor Leases Space in Northwest Houston

HOUSTON – Favorite Brands is a family-owned distributor of craft beer, boutique wine and spirits, has signed a lease for industrial space in northwest Houston. NAI Partners recently arranged a 91,200-SF industrial lease for Favorite Brands at 9010 West Little York in Houston. The building is near Highway 290 and Fairbanks North Houston Road. John Ferruzzo and Nick Peterson of ... Read More »

Best Buy Building Major Distribution Center in Houston

MISSOURI CITY, Texas – Retailer Best Buy will build a 550,000-SF delivery distribution center near Highway 90 in Missouri City on the southwest side of Houston. Best Buy plans to open the distribution center prior to the 2018 holiday shopping season. The facility will distribute large items — including products ranging from major appliances to large televisions — to nearly ... Read More »

Houston’s Industrial Revolution: Q&A with Walker Barnett of Colliers International

HOUSTON – (Realty News Report) – E-commerce is transforming the retail industry and changing the industrial market as well. Meanwhile, Houston’s industrial developers are building larger warehouses than ever before. Huge cargo ships leave China loaded with consumer goods, bound for the Port of Houston. The Panama Canal expansion allows larger ships to pass. Many say Houston is stepping into ... Read More »

3 Million SF Industrial Project Underway Near Ship Channel in Baytown

HOUSTON – (Realty News Report) – Houston-based Pontikes Development is set to break ground on Port 10 Logistics Center, a rail-served industrial development with 3 million SF of warehouse and distribution space on Interstate 10, near the Houston Ship Channel. The 246-acre development will be located at the southeast corner of Thompson Road and I-10 in Baytown. The first phase ... Read More »

Hines Sells 3 Million SF Portfolio in Northern Mexico

HOUSTON – (Realty News Report) – Hines, the Houston-based real estate firm, has sold a 2.9 million-SF portfolio of industrial and logistics properties in northern Mexico to Grupo IGS. The portfolio consists of 27 properties located in the northern markets of Mexico, including Monterrey, Ciudad Juarez, Matamoros, Reynosa and Torreon. Major tenants in the portfolio include: DalTile, General Electric, Yazaki, ... Read More »

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