Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Houston-Galveston  + Industrial  | 

Constellation Joins Fund Advised by Crow Holdings in the Purchase of 33 Acres in Houston

Constellation Real Estate Partners, an investor and developer of logistics properties, in partnership with a real estate fund advised by Crow Holdings Capital, has acquired 32.95 acres of land on South Post Road in Southwest Houston for the development of Constellation Post Oak.

Designed by Powers Brown Architecture and Langan Engineering, the project will include two state-of-the-art buildings totaling 426,200 square feet.  Building 1 is 304,400 square feet and offers a cross-dock configuration with 36 foot clear height, and Building 2 is 121,800 square feet with a front-load configuration and 32 foot clear height.  The project will feature multiple points of ingress/egress with full circulation, trailer parking, ESFR sprinkler systems, and LED lighting. Constellation Post Oak can accommodate a wide range of users from 60,900 SF to 304,400 SF.

Zack Taylor of Colliers represented Constellation Real Estate Partners in the acquisition. He, along with Barkley Peschel also of Colliers, will oversee leasing of the new development. Construction is set to begin in June 2022 with completion scheduled in the second quarter of 2023.

Connect

Inside The Story

Constellation Real Estate PartnersCrow Holdings

About Erik Hamilton

Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.

  • ◦Sale/Acquisition
  • ◦Development
New call-to-action