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Category Archives: Industrial

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 »

Industrial Realty is Hot: The Q&A with Charlie Christ of Clay Development and Construction

Despite the drop in energy prices, Houston’s industrial sector remains robust. Earlier this year, heating, cooling and refrigerant product manufacturer Daikin Industries announced it was expanding in Space City with a new 4 million-square-foot campus with 4,000 jobs. Such activity is providing a boon to firms such as Clay Development & Construction, a design/builder of industrial build-to-suit facilities. Clay has ... Read More »

Permian Basin Property Sold in West Texas Oil Slump

ODESSA, Texas – The Houston office of Cresa, North America’s largest tenant advisory firm, recently represented Sandridge Energy in the disposition of a 78,396-square-foot facility on 117 acres in Odessa, Texas. Lariat Services, a subsidiary of Sandridge Energy was in the process of vacating its divisional office in the Permian Basin during the sale. Lariat Services focuses on drilling, from ... Read More »

E-Commerce Creates Thrice as Much Demand for Warehouses, ULI Panel Says

SAN FRANCISCO – The sale of goods via the Internet is having a profound impact on the industrial real estate markets because e-commerce creates a greater need for warehouses, says Hamid Moghadam, chairman of Prologis Inc., one of the world’s largest warehouse companies. E-commerce sales require three times as much warehouse space as sales completed in regular brick-and-mortar stores, said ... Read More »

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 »

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