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Category Archives: Industrial

Dallas Firm Buys Three Houston Industrial Buildings

HOUSTON – Atcap Partners, a Dallas-based investment group, has acquired three warehouses buildings in infill markets of Houston. TA Realty, the seller, was represented by Trent Agnew and Rusty Tamlyn of HFF. The three buildings, which contain a total of 101,635 SF, are 100 percent leased. The portfolio includes a building at 3300 Claymoore Park in northwest Houston and two ... Read More »

Techway Southwest Sold for $33 Million

HOUSTON – Cabot Properties has acquired Techway Southwest, a 415,000-SF industrial property in southwest Houston on Bissonnet Street, near Beltway 8. The price was $33 million. The seller, EastGroup Properties of Jackson, Miss., was represented by Jack Fraker, Randy Baird, Heather McClain Venegoni and Tom Lynch of CBRE. The four-building portfolio is 100 percent leased with a diverse range of ... Read More »

Exeter Acquires Business Park in Northwest Houston

HOUSTON – Exeter Property Group, an investment management firm based in Conshohocken, Pa., has acquired Bammel Business Park in northwest Houston. The five-building, 246,000-SF project is located on 14 acres on the North Sam Houston Parkway West. Rusty Tamlyn and Trent Agnew of HFF represented the seller, FR/Cal Bammel. “This offering generated substantial interest due to the value-add nature, deal ... Read More »

A Rebound Sign? – Oilfield Equipment Manufacturer Leases More Space in North Houston

HOUSTON – Basintek LLC, a manufacturer of oilfield equipment, has renewed its existing lease and leased an additional 50,000 SF of industrial space at its manufacturing facility in north Houston near George Bush International Airport. The 200,000-SF deal is one of the largest industrial leases of 2017, reports NAI Partners. Nick Peterson and John Ferruzzo of NAI Partners represented Basintek, ... Read More »

AmazonFresh to Secure Warehouse Space for Houston Grocery Delivery

HOUSTON – AmazonFresh is preparing to locate a grocery logistics operation in Houston warehouse space as it gears up for a major foray into grocery delivery in Space City. The e-commerce giant is expected to occupy more than 100,000 SF of warehouse space in the Fallbrook Pines Business Park near the intersection of Beltway 8 and Highway 249 in northwest ... Read More »

Clay Breaks Ground on Spec Warehouse Project in Pasadena

PASADENA, Texas – Clay Development & Construction Inc. has begun construction on Energy Commerce Phase II, a two-building, 334,360-SF warehouse/distribution project in Pasadena on the east side of Houston. The spec project is slated for completion in the first quarter of 2018. “The Port of Houston area is thriving with dramatic expansion in Gulf Coast refinery output, exports of crude ... Read More »

Site Work Begins on Massive Amazon Project, Says Growth Hunter Chris Caudill

HOUSTON – (By Michelle Leigh Smith) – Land is being cleared for one of the Houston area’s biggest warehouses and job-growth projects so far in 2017 – the 1 million SF Amazon distribution center in Katy, says Chris Caudill of NAI Partners. For Amazon, it’s a place where 1,000 new employees will handle products and packages for distribution. For Caudill, ... Read More »

Drayton McLane Company Leases Distribution Space in Houston

HOUSTON  –  McLane Group International, a firm owned by former Astros owner Drayton McLane, has leased 159,785 square feet at Interstate Commerce Center at 1902 Cypress Station Drive in Houston. CBRE’s Patrick Rollins represented McLane Group International, LP. in lease negotiations with the landlord, Hillwood Investment Properties, which was represented by Stream Realty. McLane Global is considered an expert within the global logistics management ... Read More »

Sugar Land Industrial Property Sold

SUGAR LAND, Texas – Dalfen America Corp., part of a Canadian industrial real estate investment company, has sold the 330,674-SF Gillingham Distribution Center in to Gillingham DC, LLC. The property is located in the Sugar Land Business Park, near Beltway 8 and Highway 90A. The sale includes five acres of developable land that could handle as much as 80,000 SF ... Read More »

NextDecade Leases 1,000 Acres to Build Natural Gas Export Facility

TEXAS CITY, Texas – NextDecade has leased 1,000 acres at Shoal Point, a deep-water property where it is planning to construct a multi-billion dollar liquefied natural gas (LNG) export shipping facility, 40 miles southeast of Houston, near Galveston Bay. The Shoal Point site consists of 376 acres owned by the municipality of Texas City and 618 acres owned by the ... Read More »

The Houston Ship Channel’s Emerging Land Shortage – Q&A with John Nicholson of Avera

Could Houston be facing a shortage of land in some real estate sectors?  Crazy as it seems for ever-expanding Space City, it could be possible, especially in a hot market such as the Houston Ship Channel.  To find out, Realty News Report contacted one of the city’s long time industrial brokers — John Nicholson, Executive Vice President of Development at ... Read More »

Airtex Industrial Site Sold

HOUSTON – Fleet Management Co. has purchased 9.2 acres at Airtex Commerce Center – Phase II located at 431 E. Airtex Drive where a Penske rental and equipment maintenance facility will be built. The seller, Molto Properties, was represented by Walker Barnett and Ryan Byrd of Colliers International. Glynn Mireles and Richard Warren of CBRE represented the buyer in the transaction. Molto originally purchased a ... Read More »

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