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


Texas  + Industrial  | 

Greens Port Industrial Building Goes to Exchange Buyer

Hines sold a 447,605-square-foot industrial asset to a private 1031 exchange buyer based in Fort Lauderdale, FL. The building at 13770 Industrial Rd. is situated on 41.5 acres in Houston’s 650-acre Greens Port Industrial Park on the Houston Ship Channel. The property in the metro’s southeast quadrant is 100% net leased to technology firm AFGlobal.

Todd Moore with Stan Johnson Co. represented the seller, pointing out that the location, attractive lease structure and economic fundamentals helped drive demand for the asset. “We were able to secure multiple offers from institutional and private capital geographically dispersed across the country,” he said, adding that not many Port of Houston net-lease properties make it to the market.

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter


Inside The Story

Connect with Stan Johnson's Moore

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.