HOUSTON-First Industrial LP has a new tenant at its 16749 N. Freeway warehouse holding, taking the property to 80% occupancy.

Ecotainer Inc., an ecological paper container company, has signed a 10,869-sf lease in a bid for a quick turnaround and move in, Mike Farris of Houston Industrial Brokerage Inc. tells GlobeSt.com. The 21-year-old site, he emphasizes, aptly fit the need.

Farris says the building is one of two multi-tenant, industrial warehouses located on about two acres. The property's average rental rate ranges from 36 cents to 38 cents per sf.

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