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  | 

Welcome Group Acquires Three-Building Industrial Portfolio

Houston-based Welcome Group, LLC, has acquired the 3004 Aldine Bender Complex for an undisclosed sum. This industrial property offers three leased, single-tenant buildings featuring a total of 116,790 square feet on approximately 38.09 acres.

The tenant roster at the Aldine Bender Complex includes Kellogg Brown & Root, LLC; Circle 8 Services, Inc; and SRS Distribution, Inc. Also included in the property is an 18.6-acre stabilized pipe yard leased by Edgen Murray Corporation.

“The ongoing and accelerated growth of Welcome Group LLC is further proof of our company’s dedication to serving our clients through seamless and fruitful acquisitions,” said CEO Welcome Wilson, Jr.

Ryan Wasaff, SVP of Welcome Reality Advisors, and John Wilson, Welcome Realty Advisors consultant, represented Welcome Group in the transaction. Partial financing for the acquisition was provided by an existing industrial property acquisition facility agented by the Houston office of the Spirit of Texas Bank.

Get CRE News in 150 words

For comments, questions or concerns, please contact Paul Bubny


Inside The Story

Connect With Welcome Group

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

Step 1: Select Education
  • ◦Sale/Acquisition
New call-to-action