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275K-SF Warehouse Has New Owner

Polymers Packaging & Warehousing acquired a 275,000-square-foot warehouse at 550 Aleen St. in east Houston. The seller was Aleen Street Associates, and the property, served by Union Pacific Railroad, will be the buyer’s global manufacturing and distribution facility.

Ryan Fuselier and Travis Secor of JLL represented the buyer. Bob Berry and Grant Hortenstine of Avison Young represented the seller. The sales price was undisclosed, with the Harris Central Appraisal District assessing the property at $7 million.

“The location, size and rail-served capacity of this property offers Polymers Packaging & Warehousing the chance to bring some of their storage and packaging needs in-house, and will support the continued growth of their business operations,” Fuselier said.

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About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

  • ◦Sale/Acquisition