Portman to Add 714K-SF Houston Warehouse Project to Growing Industrial Portfolio

Portman closed on the land and construction loan for Gateway 1960, a three-building, Class-A industrial park encompassing 714,233 square feet in Houston. The closings pave the way for development, which will begin this month. Portman will deliver Gateway 1960 in Q3 2027.

Gateway 1960 includes a 440,323-square-foot cross-dock building, a 157,723-square-foot front-load building and a 116,293-square-foot rear-load building. Partners is leading marketing and leasing for Gateway 1960 on behalf of Portman.

The project team includes Angler Construction as the general contractor, Powers Brown Architecture as the architect, and Langan as the civil engineer. 

Portman launched its industrial business line in 2021 and currently includes a portfolio of 4.5 million square feet developed and 6.4 million square feet under development in key markets, including Boston, New Jersey, Philadelphia, Charleston and Austin. 

Portman has created stand-alone and mixed-use projects across the office, hospitality, residential, retail, and industrial sectors, with approximately $5 billion in assets under management