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Walgreen Taking Over 93,000-SF Warehouse

HOUSTON-Walgreen, which operates 347 stores in Texas, has added a 93,000-sf warehouse to its Houston portfolio. The new tenant is taking all of the structure, which is situated close to others in the Walgreen property mix.

By Jennifer Brenner Andrade | Updated on February 27, 2001

HOUSTON-Walgreen Co. has just completed a 93,000-sf lease on a warehouse distribution property at 3210 Bingle in the Kempwood Industrial Park in north Houston.

The site had been particularly appealing to Walgreen’s because of its proximity to its other warehouse distribution centers and ample parking area, James E. Foreman, a Cushman and Wakefield of Texas Inc. broker, tells GlobeSt.com. He and Sandra F. Harris have represented the building owner, Bingle Blankenship Ltd., a Sage Interests company in the transaction. Mike Hill of CB Richard Ellis has acted on Walgreen Co.’s behalf.

According to Foreman, the building is relatively new and had been designed for multiple tenants, but Walgreen Co. has opted to lease the entire structure. Walgreen Co., a national retail pharmacy chain based in Deerfield, IL has 347 stores in Texas.

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