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Category Archives: Industrial

Sales Up 127 Percent in Evolving Houston Sector

HOUSTON – (Realty News Report) – Warehouses are a hot item in Houston. Warehouse sales are up 127 percent year-to-date over the sales volume of 2016, according to a November report by NAI Partners. Houston is poised to break the $1 billion barrier soon. So far this year $984 million in industrial sales have been recorded. Institutional investors have accounted ... Read More »

Steel Manufacturing Plant Sold and Will Re-Open

CONROE, Texas – Falcon Steel America, a manufacturer of high-voltage transmission tower and other steel structures, acquired a 226,000-SF manufacturing facility in Conroe, north of Houston. The addition of the new plant, located on 25 acres at 3575 Pollok Drive, will more than double the Fort Worth-based company’s manufacturing capacity. Falcon Steel America, which is remodeling the plant, expects to ... Read More »

Capital Plastics International Sells Stafford Building

STAFFORD, Texas — Capital Plastics International sold its 70,000-SF office/distribution building on Cash Road in Stafford to Tarhong Properties. Jim Pratt and Trey Erwin of Colliers International represented Capital Plastics. Michael Brent with the City of Industry, California Lee & Associates office represented Tarhong Properties. Capital Plastics is relocating to 1601 Gillingham Lane in Sugar Land, a 330,000-SF building it ... Read More »

Craft Beer Distributor Leases Space in Northwest Houston

HOUSTON – Favorite Brands is a family-owned distributor of craft beer, boutique wine and spirits, has signed a lease for industrial space in northwest Houston. NAI Partners recently arranged a 91,200-SF industrial lease for Favorite Brands at 9010 West Little York in Houston. The building is near Highway 290 and Fairbanks North Houston Road. John Ferruzzo and Nick Peterson of ... Read More »

Best Buy Building Major Distribution Center in Houston

MISSOURI CITY, Texas – Retailer Best Buy will build a 550,000-SF delivery distribution center near Highway 90 in Missouri City on the southwest side of Houston. Best Buy plans to open the distribution center prior to the 2018 holiday shopping season. The facility will distribute large items — including products ranging from major appliances to large televisions — to nearly ... Read More »

Houston’s Industrial Revolution: Q&A with Walker Barnett of Colliers International

HOUSTON – (Realty News Report) – E-commerce is transforming the retail industry and changing the industrial market as well. Meanwhile, Houston’s industrial developers are building larger warehouses than ever before. Huge cargo ships leave China loaded with consumer goods, bound for the Port of Houston. The Panama Canal expansion allows larger ships to pass. Many say Houston is stepping into ... Read More »

3 Million SF Industrial Project Underway Near Ship Channel in Baytown

HOUSTON – (Realty News Report) – Houston-based Pontikes Development is set to break ground on Port 10 Logistics Center, a rail-served industrial development with 3 million SF of warehouse and distribution space on Interstate 10, near the Houston Ship Channel. The 246-acre development will be located at the southeast corner of Thompson Road and I-10 in Baytown. The first phase ... Read More »

Hines Sells 3 Million SF Portfolio in Northern Mexico

HOUSTON – (Realty News Report) – Hines, the Houston-based real estate firm, has sold a 2.9 million-SF portfolio of industrial and logistics properties in northern Mexico to Grupo IGS. The portfolio consists of 27 properties located in the northern markets of Mexico, including Monterrey, Ciudad Juarez, Matamoros, Reynosa and Torreon. Major tenants in the portfolio include: DalTile, General Electric, Yazaki, ... Read More »

Searle Ready for Houston’s Industrial Evolution at NAI Partners

HOUSTON – The Houston industrial market is evolving, says Ryan Searle, industrial broker in the Houston offices of NAI Partners. Industrial construction has been on rise, Searle says, as Houston has gain prominence as a distribution hub. Large distribution projects, much bigger than what has been typical in the past, have been built in recent years. A 900,000-SF facility is ... Read More »

Industrial Strength: Oakmont Building Huge Spec Warehouse in Emerging Distribution District

HOUSTON – (Realty News Report) – Atlanta-based Oakmont Industrial Group has commenced construction on Oakmont West 10, a 673,785 SF spec warehouse in the West Ten Business Park on Interstate 10, west of Houston. The project will be on 42 acres in West Ten Business Park, which Oakmont acquired from from Parkside Capital. John Simons and Holden Rushing with NAI ... Read More »

600,000-SF Industrial Building Started at Hines’ Pinto Business Park

HOUSTON – Construction has started on a 600,000-SF build-to-suit for Emser Tile in Pinto Business Park, a north Houston commercial development owned by the Houston-based Hines real estate firm and its joint venture partners Kohlberg Kravis Roberts & Co. Pinto Business Park is located near the southwest corner of Beltway 8 and I-45 North. Emser Tile is the largest, privately-held designer ... Read More »

$40 Billion in Petrochemical Construction Means Texas Needs More Trained Workers

PASADENA, Texas – (By Michelle Leigh Smith) – The Texas Gulf Coast has $40 billion in new petrochemical plants on the way, raising concerns about whether Texas will have enough certified workers to staff them. The coastal region boasts the largest petrochemical manufacturing complex in the United States, second largest in the world, and is home to 90 companies and ... Read More »

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