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Four Mega-Leases Bring Sam Houston to Full Occupancy
Four new leases have brought Sam Houston Distribution Center, a class-A 833,720-square-foot speculative industrial project, to 100 percent occupancy. Located at 9625 Fallbrook Pines and 8828 Taub Rd. near Beltway 8, Sam Houston Distribution Center is a three-building asset in the Northwest submarket.
The Transwestern team of Brian Gammill, Darryl Noon, Jude Filippone and Carter Thurmond provided leasing and marketing services on behalf of the owners. Developed as a joint venture between Transwestern Development Company and J.P. Morgan Global Alternatives, construction was completed in 2020.
The lease transactions are:
- A 494,800-square-foot lease with Goodman Manufacturing Company, represented by Seth Koschak of Stream Realty Partners
- A 200,200-square-foot lease with Foxconn Assembly LLC, represented by Reggie Beavan and Joshua Brown of Newmark
- A 97,440-square-foot lease with Freeway Logistics, represented by Beau Kaleel and Michael Foreman of Cushman & Wakefield
- A 41,280-square-foot lease with Thunder Logistics, represented by David Buescher of JLL
“We were confident that the location and flexible building design of this speculative project would perform well, but the strong interest in the property and rapid execution of leases with high-quality tenants exceeded our expectations,” said Doug Schwartz, CIO, Real Estate Americas at J.P. Morgan Global Alternatives.
- ◦Lease
