Hunt Southwest Doubles Down in Houston as Tenant Demand for Industrial Space Soars
Dallas-based Hunt Southwest Real Estate Development continues its significant investment in industrial development in the Houston area, announcing the lease-up of the largest completed spec building in Houston, along with the development of a new 1-million-square-foot spec industrial building in the region.
Walmart has leased Hunt Southwest’s Cedar Port Trade Center, a 1,021,440-square-foot industrial facility located at 4633 Borusan Road in Baytown. Hunt Southwest completed construction of the building in April 2021. The long-term lease with Walmart was negotiated by tenant representatives Joseph Smith, Bill Frain, and Jamie Roussel of CBRE; Jason Dillee and Nathan Wynne of CBRE represented Hunt Southwest in the lease.
In addition, Hunt Southwest has announced plans for a new, speculative, 1-million-square-foot facility, in response to the continued demand for industrial space in the greater Houston market. The I-10 West Trade Center will be Hunt Southwest’s third speculative, industrial development in the Houston area.
“We are seeing unprecedented market conditions in Houston and throughout Texas that support continued investment in industrial development,” said Hunt Southwest President T. Preston Herold.
Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. Erik also worked six years in CRE public relations with Los Angeles-based Hoyt Organization, where he was a Senior Account Executive. He later joined Lee & Associates where he served as the Director of Corporate Communications. There ,in addition to his work with Lee’s CEO, he managed 57 offices nationwide and provided PR, social media and media training for the offices. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.
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