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Category Archives: Industrial

AEW/Hines Building Industrial Building at Recently Acquired Business Park Near Dallas Airport

DALLAS – Hines, the Houston-based real estate firm, in conjunction with AEW Capital Management, announced the acquisition of Parc 114, a 52-acre master planned business park in Irving, near Dallas. Parc 114 is comprised of six industrial buildings totaling 404,777 square feet. The business park also has an additional 18.5 acres of development land that can accommodate 191,262 square feet. ... Read More »

11,000-Acre Tract Sold in One of Houston’s Biggest Land Deals Ever

HOUSTON –  Cedar Crossing, a 10,897-acre industrial park near Baytown, has been sold to TGS Cedar Port Partners in one of the largest land sales in Houston’s history. Cedar Crossing is considered the fifth largest industrial park in the world and it is equal to three-fourths that of New York’s Manhattan Island, according to the Cushman & Wakefield realty firm, ... Read More »

Avera Developing Distribution Center in Dallas

DALLAS – Avera, a commercial real estate development, construction and investment firm, has announced the development of an institutional quality distribution center in Dallas. The 345,150 square-foot project will be situated on 18.8 acres, at the northwest corner of State Highway 161 (George Bush Tollway) and January Lane. Avera, a Houston-based firm led by Trey Odom, reported: “The development is centrally located ... Read More »

256 Warehouses Selling for $1.6 Billion; Portfolio in Houston, Dallas, Atlanta, Chicago and More

LOS ANGELES– Colony Financial has agreed to acquire Dallas-based Cobalt Capital Partners and its portfolio of 256 primarily light industrial properties for $1.6 billion. The portfolio is leased to over 600 tenants and comprises over 30 million square feet across 16 major U.S. markets, with including Houston, Atlanta, Dallas and Chicago. “Over the last ten years, we’ve grown Cobalt, along ... Read More »

DATELINE HOUSTON: Oil Prices and Real Estate

HOUSTON – Texas real estate will be unscathed by the significant decline in oil prices this fall, although the topic is getting a lot of buzz in Houston, known as the “Energy Capital of the World.” Oil prices are a sensitive topic here. Houston was the place where the battle cry of the business community once was “$90 in ‘90” ... Read More »

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 RealtyNewsReport.com) 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 »

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