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Category Archives: Industrial

Dow Chemical Leases Office Space in Clay Development’s New Deer Park Building

DEER PARK, Texas – Clay Development & Construction has landed Dow Chemical as an tenant in the “Petrochemical Corridor” office market on the east side of Houston. “Situated in Houston’s petrochemical corridor, Deerwood Office III is a full-service office location for companies serving industrial operations near the Ship Channel,” says company president Robert Clay. “This is Class A office space ... Read More »

Hines Opens Business Park in Southwest Houston

HOUSTON – Hines has completed the first phase of its Beltway Southwest Business Park, a 75-acre industrial project at the northeast corner of Beltway 8 and Fort Bend Toll Road on the south side of Houston. The master-planned business park is expected to have 950,000 SF of light manufacturing and distribution space. The development of Phase I, which consists of ... Read More »

Carson Developing 400,000 SF in Bayport, Near Houston Ship Channel

HOUSTON – Carson Companies has broken ground on four buildings in Bayport Industrial Park on Houston’s southeast side. The four buildings, which will have a total of 397,775 SF, will be located west of Texas 146, not far from Houston’s Barbour’s Cut and Bayport container terminals as well as the Ship Channel and petrochemical complex. “This project is a continuation ... Read More »

El Paso Industrial Portfolio Sold

EL PASO, Texas – Affliates of Dallas-based Covington Group Inc. acquired the 548,629-square-foot Butterfield Trail portfolio in El Paso.  Covington Group is already underway with a multi-million dollar capital improvement project for the six-building industrial portfolio. Covington Group acquired the portfolio from Butterfield Trail Trust . Covington Group has hired Christian Perez Giese and Chad McCleskey, with CBRE’s El Paso ... Read More »

Retail Rush : New 1 million SF IKEA Distribution Center May be Tip of the Iceberg for Retailers’ Warehouses

BAYTOWN, Texas – The new 1 million SF IKEA distribution center planned for the TGS Cedar Port Industrial Park near Baytown is a sign of things to come. At the CBRE press luncheon last week, Faron Wiley of CBRE’s industrial division says Houston has come of age in for retail distribution space. For years, Dallas has been the major warehouse/distribution ... Read More »

Selling America’s Largest Industrial Park: The Q&A with Joel Michael of NAI Partners

(By Dale King) HOUSTON – Joel Michael of NAI Partners has a HUGE assignment. He’s selling development sites in the fifth largest industrial park in the WORLD – and the largest one in the United States – the TGS Cedar Port Industrial Park adjacent to Baytown, 35 minutes from downtown Houston. In the aftermath of the oil price crash, some ... Read More »

Dallas’ Hot Market: The Q&A with Arch-Con’s Robert Martin

For nearly two decades, Arch-Con Construction, a Texas-based general contractor specializing in commercial design and construction services for real estate developers, building owners, architects, brokers and tenants has had a major presence in Houston. The company currently has some 100,000 square feet of office buildings, eight hotels, more than 2 million square feet of industrial buildings, 750,000 square feet of ... Read More »

Wind Energy: Huge Blade Manufacturing Underway on Mexico Border

EL PASO, Texas –CBRE announced the development of a 360,000-SF manufacturing plant in Ciudad Juárez, Mexico, for U.S.-based TPI Composites, a leading global wind blade manufacturer. The plant, TPI’s second in Juárez, is currently under development on 62 acres by Vesta, a leading industrial developer in Mexico. TPI’s manufacturing capacity in Juárez will be used to supply Gamesa projects in Latin ... Read More »

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 »

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