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Plastics Firm to Build 1.5 Million SF in Baytown

The 15,000-acre Cedar Port industrial park in Baytown, east of Houston.

The 15,000-acre Cedar Port industrial park in Baytown, east of Houston.

BAYTOWN, Texas – Ravago Americas, a major plastics firm, will construct a 1.5 million SF distribution and manufacturing campus in the TGS Cedar Port industrial park in Baytown, east of Houston.

Ravago acquired 200 acres in Cedar Port for the project, which is near a large concentration of petrochemical and plastics manufacturing complexes. The 15,000-acre Cedar Port, which has waterfront access, extensive rail lines and an extension of the eastern leg of the Grand Parkway, is considered the nation’s largest industrial park.

John Ferruzzo John Simons and Joel Michael with NAI Partners represented TGS, the land seller. Gray Gilbert of CBRE represented the buyer, Ravago Americas, which is part of a Luxembourg-based company.

“Since acquiring TGS Cedar Port Industrial Park back in December of 2014, Cedar Port Partners’ vision has been to create the railroad infrastructure and operations capability to serve the greater Houston market; as well as the nation with a global reach,” said industrial park developer Bill Scott, President of TGS Cedar Port Partners. “We are thrilled to have Ravago Americas come to the park. The local economy will benefit by having local plastic resin logistics alternatives that increase the local tax base and create local jobs from the expansion in resin production.”

TGS Cedar Port has installed a significant amount of new rail lines and other infrastructure improvements on the property recently that support pending transactions, including the Ravago transaction, as well as future development.

Oct. 31, 2016 Realty News Report Copyright 2016

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