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Constellation Sells Newly Built Houston Warehouse Project
Constellation Real Estate Partners sold Constellation Post Oak, a newly developed, two-building 424,011-square-foot industrial property located at 14942-15012 S Post Oak Road in Houston, Texas, to LBA Realty.
Constellation Real Estate Partners acquired the land in partnership with a real estate fund advised by Crow Holdings Capital in March 2022 and completed development of Constellation Post Oak in 2023. Designed by Powers Brown Architecture and Langan Engineering, the project includes two buildings totaling 424,011 square feet. Building 1 is 302,825 square feet and offers a cross-dock configuration with 36-foot clear height, and Building 2 is 121,186 square feet with a front-load configuration and 32-foot clear height. Constellation Post Oak is 82 percent leased to D&R Signs and US Elogistics Services.
Nathan Wynne of CBRE represented Constellation Real Estate Partners in the sale. LBA Realty represented itself.
Constellation Post Oak is located proximate to Beltway 8, a much-used route for distribution throughout the Houston MSA.