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Category Archives: Industrial

Conor and USAA Develop Spec Industrial in Hot South Side Market

MISSOURI CITY, Texas – Phase I of Gateway Southwest Industrial Park, a 349,000-square-foot, multi-building development has been completed in Missouri City, on the southwest side of Houston. Joint venture partners Conor Commercial Real Estate and USAA Real Estate Co. said the first phase consists of two speculative, industrial structures designed and built to provide warehouse and distribution space for single- ... Read More »

Whitestone REIT Sells Houston Industrial as It Moves to Pure Retail Play

HOUSTON — Whitestone REIT has sold its Brookhill warehouse/flex building in Houston for $3.1 million. The sale is part of the Houston REIT’s purification of its portfolio as the firm focuses on neighborhood and community retail properties. The 75,000-SF Brookhill building is located near at the southeast corner of Brookhill Drive and South Wayside Drive, near Gulfgate Mall. Brookhill is ... Read More »

Daikin Adds 1,000 Employees to Hiring Plan at New 4 Million SF Factory in Houston

(By Dale King) HOUSTON – The massive 4 million-square-foot Daikin Industries air conditioner and furnace factory under construction in northwest Houston will eventually have 5,000 employees – 1,000 more employees than what has been previously announced, a company spokesman said. Daikin Industries, says the facility – which will be the largest tilt-wall building in the world – will be completed ... Read More »

Clay Development Sells Building to Ensinger

HOUSTON – Ensinger, a global producer of engineering plastics, has purchased a 61,875 -square-foot, custom-built manufacturing facility under construction on nine acres at 12331 Cutten Road, in Northwest Houston, from Clay Development & Construction. Completion of the one-story building is scheduled for summer 2016. The design/build project is the fourteenth building in Cutten Road Business Park, a 165-acre site acquired ... Read More »

The East Houston Boom: The Explosive Bright Spot in a Lackluster Market

EAST HOUSTON (Realty News Report) – If you think Houston is only losing jobs, then take a ride to the city’s eastside. Drive by the ChevronPhilips chemical facility under construction in Baytown. It employs thousands of construction workers and will need approximately 400 full-time employees to run the plant once completed. “Unfortunately the upstream side — exploration and production — ... Read More »

Chunk of Former Texas Instrument Campus Sold for Industrial Project

STAFFORD, Texas – The Crow Holdings Industrial has acquired about 50 acres of the former Texas Instrument campus in Stafford for an industrial park. The industrial park is the eastern part of the former Texas Instruments campus, a 192-acre parcel which was recently sold to a StreetLevel Investments/Provident Realty JV, which is developing a mixed-use development called The Mosaic. StreetLevel sold ... Read More »

Avera Completes North Texas Industrial Project

(By Dale King) DALLAS – The just-completed, 347,015-square-foot Park 161 Distribution Center warehouse, centrally located in the Dallas/Fort Worth/Arlington region, is coming onto the market at a fortuitous time. The area which experienced extensive industrial growth in 2015 should see a continuation of that progress this year, said Steve Koldyke, senior associate in CBRE’s Arlington office. Responsible for industrial leasing ... Read More »

Hines Lands Tenant in New South Houston Industrial Park – German Firm Dräger Leases Space

HOUSTON – Dräger, a German equipment manufacturer, has leased space in the new Hines industrial park on Beltway 8 in south Houston. André Granello, Managing Principal, and Ray Lopez, Senior Advisor, with Cresa represented Dräger in the lease transaction. Jim Foreman with Cushman and Wakefield represented the developer, Hines. Dräger leased 37,651-SF in Hines’ Beltway Southwest Business Park, which is ... Read More »

New Industrial Park in Houston

MISSOURI CITY, Texas – NAI Partners will manage a new 36-acre business park underway on the southern side of the Houston area on U.S. 90-A at Beltway 8. The two-phase project, called Gateway Southwest Industrial Park, will have 527,800-SF of industrial space when both phases are complete. The project is a joint venture of Conor Commercial and USAA Real Estate ... Read More »

Realty News Report Awards: Best Industrial Project of the Year

Realty News Report editor Ralph Bivins has selected the most significant projects, deals and ideas of the Houston real estate market for 2015. These aren’t necessarily the largest or the first. But the deals point to future trends, potential gold mines, noble visions and notable accomplishments by the smart professionals who are making them happen. Ralph Bivins’ Realty News Report ... Read More »

Clay to Develop 1.5 Million SF in Baytown

BAYTOWN, Texas – Clay Development & Construction will develop 1.5 million square feet of distribution space on 80 acres it just purchased in the Cedar Port Industrial Park in Baytown, east of Houston. The surge in plastic production at Gulf Coast chemical plants is driving the demand for more industrial space in the area, says Houston developer Robert Clay, president ... Read More »

Even With Its 380 Airports, Texas Mobility Will Be Challenged by Population Surge, CBRE Research Reports

HOUSTON – Mobility and air connectivity are key issues for the Texas, which is experiencing exceptional population growth, according to CBRE Research. The so-called Texas Triangle – a growing region bounded by Houston to Dallas to San Antonio – is expected to see massive growth in the coming years, a challenge to mobility. “By 2045, the Texas Triangle will add ... Read More »

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