HOUSTON – (Realty News Report) – A new industrial park is set to bring nearly 1 million SF to a key intersection near Houston Spaceport/Ellington Field in southeast Houston.
A joint venture of Trammell Crow Co. and CBRE Investment Management announced the ground breaking on the initial phase of Gulfbelt Logistics Park, a six-building development at the northeast corner of Beltway 8 and the Gulf Freeway. The planned buildings total 943,887 SF.
Phase one consists of three speculative warehouses totaling 498,798 SF. The initial buildings range from 88,750 SF to 278,858 SF with clear heights from 28 to 36 feet. Completion is planned in spring 2026.
Designed to appeal to a variety of tenants, Gulfbelt Logistics Park will offer direct access to Gulf Freeway/Interstate 45 and Beltway 8 with 3,000 feet of frontage along the roadways. The Port of Houston’s Barbers Cut and Bayport terminals are within a half hour’s drive.
“This site offers outstanding visibility and access, and we believe this location will be very appealing to a diverse mix of tenants seeking proximity to both the Port of Houston as well as infill distribution,” said Kyle Bateman, a Senior Vice President with TCC Houston.
Jason Dillee and Cape Bell of CBRE are marketing and leasing the project.
Powers Brown Architecture designed the buildings, while LJA Engineering provided civil engineering services. Burton Construction Co. is the general contractor for phase one. Veritex Community Bank provided construction financing.
The Trammell Crow project follows another recent industrial development announced by Houston-based Griffin Partners. Griffin 288/West Airport will bring three buildings totaling 568,619 SF to the South Houston submarket in midyear 2026.
In the Greater Houston area, the industrial construction pipeline is very active with 17.8 million SF currently underway and 10% of that space is pre-leased, according to a second quarter report by CBRE.
Industrial vacancy has been declining in Houston, CBRE reported, and 2.9 million SF of positive absorption occurred in the second quarter.
Development firm Trammell Crow is a subsidiary of CBRE Group. The company, which was founded by Mr. Trammell Crow in 1948, has $18.3 billion of projects in process across a range of real estate sectors.
July 6, 2025 Realty News Report Copyright 2025
Image: Courtesy Trammell Crow
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File: Trammell Crow Starts 6 Buildings in SE Houston CBRE Trammell Crow Starts 6 Buildings in SE Houston Spaceport