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Category Archives: Industrial

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 »

Conor/USAA JV to Develop 525,000 Industrial Project Near Houston

HOUSTON – Colliers International announced the sale of a 36.24-acre tract of land in the northeast quadrant of Beltway 8 & U.S. 90A in Missouri City, near Houston, for development of an industrial project. A joint venture of Conor Commercial Real Estate and USAA Real Estate Co. will develop a three-building, 525,800-square-foot industrial project. Tom Condon, Jr., Senior Vice President in The ... Read More »

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 »

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