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Bleecker Buys 28-Building Houston Warehouse Portfolio
Bleecker Partners acquired a five-asset, 880,000-square-foot portfolio acquisition. The batch of warehouses amount to 28 industrial buildings, all along Interstate 610, a looping freeway that goes around Houston.
Commercial Search reports NBH Bank provided an acquisition loan. Eastdil Secured represented the seller, a local family.
The newly acquired assets are industrial parks, manufacturing facilities and last-mile distribution centers. They include:
- Northeast Trade Center, 5400 Mesa Drive
- Jester Plaza, 3500 W. T.C. Jester Blvd.
- Wayside Business Center, 4300 S. Wayside Drive
- Harwin Business Park, 9301-9307 Harwin Drive
- Scranton Manufacturing and Distribution Park, 8700-9000 Scranton St.
The industrial buildings are scattered throughout the metro’s Northwest, Northeast, Southeast and West submarkets, which include major transportation hubs such as the Houston Ship Channel, the Union Pacific Englewood Yard and William P. Hobby Airport.
This latest acquisition brought the company’s footprint to 40 owned and operated facilities in the metro and more than 7 million square feet of industrial space across Texas.
- ◦Sale/Acquisition
