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Tag Archives: Industrial

63 Warehouses Under Construction in Houston; More on the Way as Industrial Market Heats Up

HOUSTON – (Realty News Report) – Warehouse construction is surging in Houston as strong job growth, improving oil prices and the city’s emergence as a major distribution hub has energized the industrial real estate sector. Sixty-three major industrial buildings are currently under construction and more new space is on the way, according to a new report by the Avison Young ... 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 »

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 »

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 »

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 »

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 »

NAI: $22 Million in Rail, Infrastructure Improvements Planned at Nation’s Largest Industrial Park

  HOUSTON – The NAI Partners real estate firm is representing TGS Cedar Port Partners in the marketing of TGS Cedar Port Industrial Park, the largest master planned rail-served and barge-served industrial park in the U.S. TGS Cedar Port Industrial Park is a 15,000-acre project on the east side of the Houston area. With utilities and industrial and commercial transportation ... Read More »

70 Industrial Buildings Under Construction in Houston Due to Energy Boom

HOUSTON – Seventy industrial buildings are under construction in Houston, where a continued expansion in the energy industry has driven up warehouse rents significantly in the last year. “Houston’s industrial market remains one of the healthiest in the U.S. primarily due to continued expansion in the oil and gas industry.  It has accelerated Houston’s job growth, increasing demand for housing ... Read More »

$1 Billion Warehouse Play by Ross Perot Jr. and Brookfield

DALLAS — Brookfield Asset Management and Hillwood, a Dallas/Fort Worth-based real estate investor and developer owned by Ross Perot, Jr., announced today a joint venture to acquire, develop and  manage industrial property, principally large warehouses, across the United States. With an equity commitment of $400 million, the partnership is expected to deploy up to $1 billion within the first three years. Hillwood will locate industrial ... Read More »

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