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Category Archives: Industrial

Hines Joins Move to South Side Development Hotbed with Major Industrial Park

HOUSTON – Hines, one of the oldest and most respected development firms in Houston, has launched a 1 million square-foot industrial park, injecting even more momentum in the new south side hot zone for warehouse development. Hines’ 75-acre Beltway Southwest Business Park is located at the northeast corner of Beltway 8 and Fort Bend Toll Road. A number of developers, ... Read More »

Prologis Buying KTR for $5.9 Billion; Deal Includes 322 Warehouses

SAN FRANCISCO – Prologis Inc. has agreed to acquire KTR Capital Partners, an industrial realty firm based in New York, $5.9 billion. The KTR portfolio includes 322 warehouse and industrial properties with 60 million square feet, plus 3.6 million square feet of partially-completed industrial space under development and some business park land with a build-out potential of 6.8 million square ... Read More »

85 Warehouses Under Construction in Houston

HOUSTON – Eighty-five industrial buildings, totaling 8.9 million sq. ft. are under construction in the Greater Houston industrial market, according to CBRE. Last year was exceptionally strong for construction of warehouses and industrial buildings. Some 12 million square feet of new space was completed in 2014, the highest annual total since 2008, CBRE reported. The strength in the market is powered ... Read More »

CenterPoint Properties Buys 27 Houston Buildings

HOUSTON – Continuing a Houston buying spree, CenterPoint Properties has acquired a 27-building industrial portfolio with 3.6 million square feet of Houston warehouse space. The properties, most of which are rail-served, are located within nine business parks, including West Loop Business Park, Kempwood Industrial Business Park, Northway Park II, Turning Basin Subset, Market Street Industrial Park, Railwood Industrial Park, 1200 ... Read More »

Perot’s Company Hillwood Starts Major Calif. Project

 SAN BERNARDINO, Calif. –  Hillwood Investment Properties, part of the Ross Perot Jr.’s Dallas-based organization, is developing a 1.1 million-square-foot industrial distribution center in San Bernardino, Calif. HFF worked on behalf of Hillwood Investment Properties to secure the three-year, floating-rate loan through PCCP, LLC. The proposed distribution center is known as Gateway South Building 3 and will be part of Hillwood’s ... Read More »

Transwestern’s Ridge Group Developing Industrial Park in Fort Worth

FORT WORTH – Ridge Development, the industrial development division of Transwestern Development has announced plans to construct a two-building industrial park on 47 acres in north Fort Worth. The Railhead Industrial Park development is owned by a joint venture between Ridge Development and LaSalle Investment Management. Expected to break ground in second-quarter 2015, the first structure is a speculative building ... Read More »

Cresa’s Lower Kirby District Breaking New Ground

HOUSTON – The Houston office of Cresa, North America’s largest tenant representation firm, has announced plans for a new 500,000 square-foot industrial class A development in Houston a few miles south of the Texas Medical Center. Called the Lower Kirby District, the business park is situated on 32.12 acres, is located on the southeast corner of Kirby Drive and Airport Boulevard. ... Read More »

NAI: $22 Million in Rail, Infrastructure Improvements Planned at Nation’s Largest Industrial Park

  HOUSTON – The NAI Partners real estate firm is representing TGS Cedar Port Partners in the marketing of TGS Cedar Port Industrial Park, the largest master planned rail-served and barge-served industrial park in the U.S. TGS Cedar Port Industrial Park is a 15,000-acre project on the east side of the Houston area. With utilities and industrial and commercial transportation ... Read More »

Stag Industrial Buys Houston Building for $7.1 Million

HOUSTON – NAI Partners represented Stag Industrial Holdings in the acquisition of a 185,000 SF manufacturing building on 16.8 acres at 1020 Rankin Road in Houston. The price was $7.1 million. STAG Industrial is a self-administered and self-managed full-service real estate company focused on the acquisition, ownership and management of single tenant industrial properties throughout the United States. John Ferruzzo and ... Read More »

Avera Breaks Ground on Dallas Project

DALLAS – Avera, a Houston-based commercial real estate firm, has broken ground on an institutional quality distribution center in the Dallas suburb of Grand Prairie. The 345,150 square-foot project is situated on 18.8 acres, located at the northwest corner of State Highway 161 (George Bush Tollway) and January Lane. The development is centrally located in the highly desirable Dallas-Fort Worth-Arlington area, less than 12 ... Read More »

AJW Architectural Products to Build Factory in Comfort, Texas

COMFORT, Texas — AJW Architectural Products, based in New Windsor, N.Y., selected Comfort, Texas, which is 45 miles northwest of San Antonio, for a new manufacturing facility. AJW Architectural manufactures a complete line of washroom accessories, washroom partitions, metal lockers and visual display products. The company will build a manufacturing/office/warehouse with 150,000 square feet and 120 employees. “It will be ... Read More »

Daikin/Goodman Constructing 4 Million SF, $417 Million Manufacturing Campus that Will Employ 4,000 in Houston

HOUSTON – Daikin Industries the world’s largest manufacturer of heating, cooling and refrigerant products, will build a massive, 4 million square-foot, $417 million manufacturing and logistics campus on the northwest side of Houston that will employ 4,000 people. Daikin, which owns Goodman Global, will build the campus off of U.S. 290, approximately three miles west of the Grand Parkway,  also known ... Read More »

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