HOUSTON—CBRE has been chosen to exclusively market the Beltway Crossing Industrial Portfolio – four newly constructed, Class A industrial buildings totaling 490,880 square feet. Three of the four buildings are fully leased and the portfolio as a whole is 96% leased.
The Beltway Crossing Portfolio was developed by Stream Realty Partners. The properties are located at 13323–13513 South Gessner Road in a master planned business park with excellent access to Highway 59 and Beltway 8 (Sam Houston Parkway). Additionally, the buildings boast Triple Freeport exemption, functional multi-tenant design, new construction (2009 & 2013), T-5 lighting, ESFR sprinklers, 140' to 225' truck courts, low office percentages (approximately 4%), and 28' clear heights.
“This is a rare opportunity to acquire Class A industrial product in Houston that boasts a low percentage office build out, 2009 vintage rent roll, and an irreplaceable location off the Beltway,” stated Josh McArtor, executive vice president with CBRE.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
