(Read more on the industrial market.)

GEISMAR, LA-In an effort to expand its Gulf Coast operations, Kinder Morgan Energy Partners LP is building a terminal on ground-leased land and has acquired another facility in Bridge City to add to its storage and transportation muscle. The combined acquisition and expansion has a $41-million price tag.

A Kinder Morgan spokeswoman tells GlobeSt.com that the Geismar terminal will be built on land leased from Rubicon LLC, a polyurethane manufacturer that has a plant on the site. The rail-served terminal, which broke ground in the 9100 block of State Hwy. 75, will consist of a 140,000-sf warehouse as well as transfer and packaging facilities to handle and store chemicals. Details about the lease and amount of leased acreage weren’t available. The terminal, though, is slated for completion in fourth quarter 2008.


NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.