Realty News Report Covering Commercial and Residential News
HOUSTON – (Realty News Report) – Southeast Houston, with 4.7 million SF under construction, ranks No. 5 in a CBRE national construction ranking of industrial submarkets in 2019. North Fort Worth, with 12 million SF, led the nation as the top construction submarket, CBRE said. It was followed by South Atlanta, Northeast Atlanta and Ontario, Calif. The report said 289 ... Read More »
Category Archives: Industrial
Logistics Property Developing 1.7 Million SF in Southwest Market
HOUSTON – (Realty News Report) – Chicago-based Logistics Property Co. is developing CityPark Logistics Center, a 97-acre business park that will have 1.7 million SF in seven buildings in Missouri City on the southwest side of the Houston area. Phase I is currently under construction and scheduled for completion in the fourth quarter of 2020. Located near Beltway 8, Phase ... Read More »
TA Realty Acquires Business Park Near the Port of Houston
HOUSTON – (Realty News Report) – TA Realty purchased the East Belt Business Park, a 350,000 SF, four-building industrial project near the Port of Houston in Houston’s Southeast submarket. The seller,a fund advised by Morgan Stanley Real Estate Investing, was represented by the JLL Industrial Capital Markets team that represented the seller was led by Managing Director Trent Agnew, Senior Managing Director Rusty Tamlyn, ... Read More »
RNR Real Estate Briefs from Houston, Austin, Dallas and San Antonio
HOUSTON – (Realty News Report) – HCA Houston Healthcare recently broke ground on the HCA Healthcare Center for Clinical Advancement, a new, state-of-the-art training center. NAI Partners’ Griff Bandy and Joe Bright represented HCA in the transaction for the 48,400 SF building at Pearland Town Center, 11200 Broadway St. It is scheduled to open by early 2021. The healthcare organization signed a ... Read More »
Stream Realty Partners Adds Industrial Tenant Rep Team in Houston
HOUSTON – (Realty News Report) – Stream Realty Partners is expanding its Houston industrial division with a tenant representation team led by Managing Director Tyler Maner. A number of real estate professionals will be hired for the industrial team, which will focus on representing tenants and owners that occupy industrial space. “We have seen a growing desire in the market, ... Read More »
Welcome to Yet Another South Beltway Industrial Project
HOUSTON – (Realty News Report) – The Welcome Group is developing an industrial project on the South Sam Houston Parkway, just west of Highway 288 near Almeda School Road. The South Sam Houston Parkway has a significant amount of industrial construction with new projects under construction by Clay Development and Construction, Hines and other firms. KDW is constructing the 23,100 ... Read More »
Mexican Firm Locates at El Campo Industrial Park; Rail Line to Mexico is Key
EL CAMPO, Texas – (Realty News Report) – Vitro Chemicals, a subsidiary of a Mexico-based glass manufacturer, will occupy a new warehouse in the 540-acre Southwest International Gateway Business Park, a new industrial development designed to accommodate cross-border trade. The rail-served business park, which is “purpose-built for cross-border shippers” is located 60 miles southwest of Houston in El Campo, according ... Read More »
United Equities Prepares to Start Phase 2 of Industrial Project
HOUSTON – (Realty News Report) – United Equities has signed leases for Phase 1 of its new Beltway-225 Business Park along Beltway 8 in Pasadena. “There has been ongoing demand for high-end industrial product in Houston,” said Doug Freedman, Vice President, United Equities. “We’re proud to deliver spec developments with all of the features and amenities today’s premier industrial tenants are ... Read More »
High Street Logistics Properties Purchases Beltway North Property
HOUSTON – (Realty News Report) – High Street Logistics Properties purchased the Beltway North Commerce Center, a fully leased, Class A, cross-dock industrial distribution center totaling 352,680 SF in Houston. JLL’s Trent Agnew, Rusty Tamlyn, Charlie Straus and Katherine Miller marketed the property on behalf of the seller, Nuveen Real Estate. The property is fully occupied by Air General, an industry-leading national cargo handling ... Read More »
Sweet Deal: Organic Food Giant, Wholesome Sweeteners, Leases Huge Warehouse Near Port of Houston
HOUSTON – (Realty News Report) – Wholesome Sweeteners leased 349,050 SF at Victory Commerce Center at 2851 East Pasadena Boulevard in Deer Park. Wholesome Sweeteners was represented by Ryan Fuselier and Carl Mueller of JLL. Jon Lindenberger, Walter Menuet and Paul Dominique of Colliers International represented the landlord, Crow Holdings Industrial in the transaction. Wholesome Sweeteners is an organic and non-GMO food company founded in Sugar ... Read More »
Exterran Property Sold — 301,000 SF to Calif. Investors
HOUSTON – (Realty News Report) – Redwood Property Investors III LLC, a California-based private investment fund, recently purchased the former Exterran Energy Solutions campus in northwest Houston at 12001 North Houston Rosslyn Road. The project has 301,127 SF of industrial warehouse, manufacturing and office buildings on 32 acres of land. Clay Pritchett and Zane Carman, of NAI Partners represented Redwood Property ... Read More »
E-Commerce Backwash – Return of Gifts Puts a Strain on Warehouses in the Supply Chain … ( In the Industry, they call it ‘Reverse Logistics’)
HOUSTON – (Realty News Report) – Today, America’s warehouses are experiencing the backwash from the e-commerce boom. January 2 will be the peak day for merchandise returns with an estimated 1.9 million packages heading back from buyers to sellers on this day alone, according to a new CBRE report. The wave of returns requires a great deal of warehouse space. ... Read More »
