High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

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

Texas  + Houston-Galveston  + Industrial  | 
GrandCentral West Phase I

Goldman Sachs Picks Up 828K-SF Katy Warehouse

Goldman Sachs picked up Grand Central West-Phase I, a newly constructed 838,446-square-foot Class A industrial facility located at 22206 Beckendorff Rd. in Katy, Texas. Pinpoint Commercial and Senterra were the sellers.

The asset was delivered in 2024 as a build-to-suit cross-dock distribution center. The property is fully leased to Builders FirstSource, which operates in the construction supply and manufacturing sector. The tenant consolidated four locations into this single facility, making it the largest occupied building in the company’s entire portfolio.

The project, known as Grand Central West – Phase I, serves as the anchor building for the larger Grand Central West industrial park in Houston’s Northwest submarket. Phase II of Grand Central West’s development will kick off in Summer 2026 and will consist of two additional industrial buildings totaling 618,667 square feet. 

The JLL Capital Markets team representing the seller included Trent Agnew, Charles Strauss, Lance Young, Clay Anderson and Dawson Hastings.

Connect

Inside The Story

Goldman Sachs

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition