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Trucking Company Takes 23 Industrial Acres for Nearly $2M

HOUSTON-The Phoenix-based Swift Transportation company spends about $1.6 million for 22.6 acres to set up a new operation near the Houston Ship Channel. The asset, sold by the Hueske Family Trust, includes a 15,000-sf maintenance building.

By Jennifer D. Duell | Updated on January 14, 2005

HOUSTON-Swift Transportation Co. Inc. has bought 22.6 acres of stabilized land from the locally based Heuske Family Trust. The land sold for roughly $1.6 million or $75,000 per acre.

Located at 3807 Oates Dr. about two miles east of Loop 610, the land is situated right in the middle of several other transportation companies. “It’s a truck haven,” says Mark Nicholas, a senior vice president with the Staubach Co. who represented the trust in the transaction. For example, Central Freight, JB Hunt and Yellow Transportation are all located nearby.

“The property offers good access to the ship channel,” Nicholas says. The acquisition includes a 15,000-sf maintenance building for the Phoenix-based Swift’s new location.

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