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Category Archives: Industrial

Austin Group Sells Its 354-Unit Project in Katy, Texas

KATY, Texas — Austin-based Oden Hughes LLC, sold the 354-unit Parkside Grand Parkway apartment community in Katy to EGI International Corp. Completed in 2014, the 14-acre property is just west of Houston, is at the southwest corner of Katy Fort Bend Road and Grand Parkway near Interstate 10. David Mitchell of ARA Newmark  represented Oden Hughes, which focuses on Texas markets, in the ... Read More »

Mariak Bringing Blinds and Shades Business to Ellington Warehouse

HOUSTON – Los Angeles-based Mariak, a leading manufacturer of custom window coverings, blinds and shades, has leased 104,000 square feet of industrial space in Ellington Trade Center on the southeast side of Houston. Industrial space on the east and southeast side of Houston has been in high demand as companies seek locations in the Port of Houston. “Mariak will be ... Read More »

Industrial Strength: 158 Warehouses Under Construction in Texas

HOUSTON – Texas is in the midst of a warehouse boom. CBRE Research reports 158 large industrial buildings were under construction in the state during the second quarter of 2015. Dallas, a major retail distribution hub, leads the way with 14 million square feet of industrial space under construction, CBRE reported. Houston, riding the wave of a petrochemical growth, has ... Read More »

Canadian Investor Buys Industrial Buildings on Texas/Mexico Border

McAllen, Texas – Canadian investor Dalfen America Corp., purchased four industrial buildings in the 1,200-acre Sharyland Business Park in McAllen, near the Texas/Mexico border. The portfolio consists of 635,752 square feet and is 89 percent occupied. JLL Capital Markets managing director Randy Fleisher, who arranged a $60 million credit facility for Dalfen through Bank of America, said foreign investors are leading a ... Read More »

Packers Plus Starts New Campus in Houston’s Tomball Area

Houston – A Canadian oilfield services company, undeterred by falling oil prices, has acquired 17 acres in the Tomball area of Houston where it will build a new manufacturing and R&D campus. Packers Plus Energy Services is building a 50,000 square-foot research and development center, a 237,000 square-foot manufacturing building and a 40,000 square-foot office building in the Tomball Business and Technology ... Read More »

ATCAP Buys Warehouse Adjacent to Budweiser Plant in East Houston

HOUSTON – ATCAP Partners, a Dallas-based firm, has acquired a 120,810-square-foot industrial facility in east Houston at 8451 Market Street. Holliday Fenoglio Fowler, L.P marketed the property on behalf of the seller, Mayfield Properties, LP. ATCAP Partners purchased the building for an undisclosed amount all cash and was assisted by HFF in arranging acquisition financing.  HFF was also involved in ... Read More »

Logistics Firm Leases 334,000 Square Feet

HOUSTON – Pathmark Transportation, a logistics operator that handles goods for Bed Bath & Beyond and other major firms, has signed four leases totaling 334,000 square feet of warehouse/distribution space to accommodate its growing business. Cameron Maness of Transwestern represented the logistics aggregator in separate transactions in Atlanta; Houston; Orlando, Florida; and Memphis. Pathmark’s expansion has been driven in part ... Read More »

Crow Fund Buys 27 Warehouses in Houston and Dallas

HOUSTON – A private fund advised by Crow Holdings Capital – Real Estate (CHC-RE) purchased a 27-building, 2.35 million-square-foot, 95.6-percent leased industrial portfolio located in Houston and the Dallas-Fort Worth area. Holliday Fenoglio Fowler represented the seller, a partnership between Mayfield Properties, LP and AB Real Estate Group. HOUSTON ASSETS: The eight Houston facilities are located in the Northwest and ... Read More »

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 »

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