PASADENA, Texas – (Realty News Report) – Dunavant Distribution Group is expanding into a 784,000 SF of industrial space, in one of the Houston area’s largest warehouse leases in recent years.
John Nicholson of Colliers International represented Dunavant Distribution Group. The landlord, PEPF Red Bluff, was represented by Justin Robinson and Jeff Pate of Stream Realty Partners.
The additional space, at 10629 Red Bluff Road in Pasadena, brings Dunavant’s presence to more than 1 million SF within Bay Area Business Park.
“We are strategically positioned near major chemical manufacturers that utilize Houston container ports, which will facilitate Dunavant’s international supply chain and logistics services. We now proudly operate over 1 million square feet in Port Houston,” said Senior Vice President Dean Bay of Dunavant Distribution Group.
Dunavant Distribution Group is a logistics and supply chain firm that ensures that companies’ supply chain solution needs are met efficiently and effectively. While providing dedicated services to domestic and global customers, Dunavant Distribution focuses on supplying companies with logistical practices and technology.
The new 784,000 SF industrial space is one of three buildings in Phase Three of Bay Area Business Park expansion. The completion of Phase Three makes Bay Area Business Park the largest single-owner industrial business park in Houston.
Bay Area Business Park is located in the East-Southeast Far industrial submarket, Houston’s largest submarket containing close to 79 million square feet of industrial inventory. Houston’s East-Southeast Far submarket is strategically located near Port Houston and Houston’s Ship Channel, making the submarket logistically desirable for distribution space.
The Bay Area Business Park development is near the Bayport Container Terminal.
Construction activity has been strong in Houston’s industrial market with about 17 million SF currently under construction.
Dec. 7, 2020 Realty News Report Copyright 2020
Photo: Courtesy of Stream Realty Partners
File: Dunavant Leases 784,000 Square Feet