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The Houston Ship Channel’s Emerging Land Shortage – Q&A with John Nicholson of Avera

Could Houston be facing a shortage of land in some real estate sectors?  Crazy as it seems for ever-expanding Space City, it could be possible, especially in a hot market such as the Houston Ship Channel.  To find out, Realty News Report contacted one of the city’s long time industrial brokers — John Nicholson, Executive Vice President of Development at ... Read More »

Avera Acquires Industrial Site at Port of Houston

HOUSTON – AVERA Companies, a Houston commercial real estate development, construction and investment firm, has acquired HMS 850, a 41.7 acre marine site at the entrance of the Houston Ship Channel. HMS 850 is located in SE Houston, near both Barbours Cut and Bayport container terminals, with direct access to IH-10 and Independence Parkway, directly across from the San Jacinto ... Read More »

Avera Buys Acreage for Large Industrial Development Near the Port of Houston

  HOUSTON – Avera Cos., a commercial real estate development, construction and investment firm, has acquired 41.5 acres to develop Bayport Industrial Park near the Port of Houston. Avera will develop three buildings with a total of 738,610 SF on the property, which is within the Bayport North Industrial Park, on the east side of Underwood Road, just south of ... 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 »

Future Sites: Avera CEO Looks Ahead with Optimism at 2017 and Beyond

H.T. “Trey” Odom is president and CEO of Houston-based Avera Companies, a major player in the commercial real estate industry, with industrial development, construction and investment projects in the Houston area, throughout Texas and across the country. Odom founded Avera in 2002. His brother, Lance, joined in 2011 and their father, Hubert Odom, an attorney, came on board to handle some ... Read More »

Avera Breaks Ground on Dallas Project

DALLAS – Avera, a Houston-based commercial real estate firm, has broken ground on an institutional quality distribution center in the Dallas suburb of Grand Prairie. The 345,150 square-foot project is situated on 18.8 acres, located at the northwest corner of State Highway 161 (George Bush Tollway) and January Lane. The development is centrally located in the highly desirable Dallas-Fort Worth-Arlington area, less than 12 ... Read More »

Houston’s Top 17 Catalyst Deals of the Year

HOUSTON – Houston realty outscored the nation in most categories last year. The city has more than 17 million square feet of office space under construction, far more than any other city. And it had more single-family housing starts than any other market in the nation last year. Plus, existing single-family sales are on a record-setting pace. While adding 125,000 ... 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 »

Avera Builds Up Assemblage in Dallas-Area Business Park

DALLAS – AVERA has added to its industrial land holdings North Texas with the acquisition of Valwood 40 in the Dallas area. Valwood 40 is a 7.2 acre site located in Valwood Park. Valwood Park is a 400 acre, master planned industrial park in the Dallas Market, developed by the Woodbine Development company in the Farmer’s Branch/Carrollton area, less than ... Read More »

Avera Breaks Ground on Huge Distribution Facility Near the Port of Houston

HOUSTON – Avera Cos., a Texas-based real estate development firm, has broken ground on a massive distribution center at the Port of Houston. The project, called 225 RailPort, is located on 47 acres at Beltway 8 and Highway 225, will be one of the largest rail-served properties in southeast Texas. Frontier Logistics, which services the plastics industry, will occupy the ... Read More »

Avera Expands Century Plaza Distribution Center

HOUSTON – Avera, a Houston-based commercial real estate development, construction and investment firm, has acquired additional land for an expansion of Century Plaza Distribution Center in North Houston. Avera has acquired 8.2 acres located at 350 Century Plaza Drive for the fourth phase of the industrial park. Avera is making the site available for a build-to-suit project. Preliminary plans include a ... Read More »

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