Realty News Report Covering Commercial and Residential News
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 »
Category Archives: Industrial
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 »
The Nation’s Biggest Rail- and Barge-Served Industrial Park Just Got Bigger, Reports Avera
BAYTOWN, Texas – (Realty News Report) – Avera is proceeding with construction of Cedar Port Logistics, a 644,000-SF industrial project in Cedar Port Industrial Park which is the largest master-planned rail and barge-served industrial park in the United States. Avera is tilting up concrete wall panels at the building, which is situated on 40.8 acres within the 15,000-acre Cedar Port ... Read More »
Twenty-Six Industrial Buildings Under Construction in Fort Bend Market, Colliers Reports
HOUSTON – (Realty News Report) – Colliers International reports 26 industrial buildings are under construction in Fort Bend County on the southwest side of the Houston area. In recent years, a number of large distribution projects have been constructed near Highway 90 and the Sam Houston Parkway, Beltway 8 area in Fort Bend County. Colliers reported 668,000 SF of industrial ... Read More »
The Industrial Revolution: Q&A with Mike Spears of Lee & Associates Houston
HOUSTON – (Realty News Report) – Houston’s industrial real estate sector is changing – and it may not be for the better. Construction of distribution product in the Houston area continues to grow according to the 2019 second quarter report from Lee & Associates. From the 2018 third quarter to the 2020 first quarter, a little over 24 million square ... Read More »
COE Office Furniture Sets Up Shop in Crow Holdings NW Project – the Redeveloped Randall’s Distribution Center
HOUSTON – (Realty News Report) – COE Distributing, a nationwide wholesale distributor of office furniture, signed a 251,754 SF lease at Highland Grove Industrial Park, a redevelopment of the former Randall’s distribution center near Highway 290. The property landlord, CRP/CHI Randalls Owner, LP was represented by Cory Driskill and Travis Covington of Crow Holdings Industrial and Faron Wiley of CBRE. ... Read More »
Sealy Buys 500,000 SF Building West of Houston
HOUSTON– (Realty News Report) – An affiliate of Sealy & Co., an industrial commercial real estate firm, acquired a 479,806 SF distribution warehouse on the west side of the Houston metropolitan area. The building is occupied by Broad Ocean, a manufacturer which is a supplier of Daikin. Daikin recently completed a 4.2 million SF air conditioning manufacturing plant in the ... Read More »
Avera Construction Breaks Ground on Deer Park Warehouse
HOUSTON – (Realty News Report) – Avera Construction recently broke ground on a 30,000-SF warehouse on a 7.2-acre site in Deer Park, less than 10 miles from the Port of Houston. The project is a design-build for Atlas Copco Rental LLC, a Swedish manufacturer of industrial tools and equipment. The single-story metal building will include office space and an extensive ... Read More »
First Industrial Trust’s New Project Signs Tenants
HOUSTON – (Realty News Report) – First Industrial Realty Trust has executed two leases to bring its brand-new First 290, located at 6913 Guhn Road in Northwest Houston, to 100 percent leased, four months after delivery. The 126,250-SF bulk warehouse is now leased to Iron Mountain (45,990 SF) and Black Horse Carriers (80,260 SF). Matteson Hamilton and Jeremy Lumbreras of Stream ... Read More »
Quasar Logistics Buys Northeast Property for Industrial Development
HUMBLE, Texas – (Realty News Report) – Quasar Logistics IAH, Ltd. Acquired 71.8-acres in Humble for a new industrial development. NAI Partners’ Clay Pritchett represented the buyer. NAI Partners’ John Ferruzzo, Nick Peterson, and Ryan Searle represented the seller, Platinum Ridge LP. The new owner expects to “capture rising demand within the logistics and distribution sectors of the north Houston ... Read More »
