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HFF Closes Three-Building Industrial Sale in Houston

Dallas-based Lincoln Property Company, through investment advisory affiliate Lincoln Advisory Group, acquired Ellington Trade Center, a three-building, 513,800-square-foot industrial project in Houston.  The seller is a partnership between Dallas-based KDC and Birmingham, AL-based Harbert Real Estate Fund III, LLC. The asset, and 18.23 acres of developable land, was purchased on behalf of an institutional client for an undisclosed price.

The 98.6%-leased center is home to such tenants as FedEx, Lennox Industrial, Goodman Distribution, SCP Distributors, E&G, Patrician Window Coverings, and Houston Chronicle Publishing.

Situated on more than 36 acres in the Southeast industrial submarket, the property is across the street from Ellington Airport, which was recently approved by the FAA as a launch site for future space flights.

HFF’s Rusty Tamlyn and Trent Agnew handled the investment transaction.

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Read More at HFFConnect with Lincoln Property Co.Connect with HFF’s Tamlyn

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition