Colliers International is pleased to announce A&R Logistics has leased 133,333 square feet of tilt-wall, distribution warehouse at AmeriPort Industrial Park located at 703 Logistics Drive South in Baytown, Texas. The tenant was represented by Charles G. Fertitta Jr of Colliers International.
“A&R Logistics is the leading supply chain services provider for the chemical industry." commented A&R Logistics' President of Export and Domestic Warehousing, Sam Diaz. "One of the key values we bring to our customers is our deep expertise in export resin packaging. Our expansion in Baytown underscores our commitment to grow our export packaging operations. In addition to future growth to the east of Houston, we are also opening two state-of-the-art facilities in Charleston, SC and Savannah, GA in September and December, respectively. Each facility will have capacity to package 650 railcars per month.”
The developer of AmeriPort Industrial Park, National Property Holdings, was represented by Robert Alinger of Colliers International. AmeriPort Industrial Park is a 1,000+ acre, rail-served, master planned industrial park comprised of over four million square feet of buildings and 55 miles of railroad with storage in excess of 3,000 railcars. The park’s location in Baytown, Texas provides distribution warehouse, manufacturing, and packaging facilities with easy accessibility and improved logistics that strengthen the operations of businesses located there.
“It is exciting to be part of the team and to advise A&R Logistics as it implements strategic plans and makes smart real estate decisions that help their customers meet their objectives.” said Principal & Director of Colliers International, Charles G. Fertitta, Jr.
Houston’s industrial market continues its rapid growth, with over 17 million square feet of industrial space currently under construction. Over three million square feet of the projects under construction are in the East-Southeast Far submarket, which also happens to be the largest submarket in Houston, with an existing inventory of 76.4 million square feet.
National Property Holdings is a developer of commercial properties and industrial buildings, both speculative and build-to-suit. Active construction projects in the Houston MSA include: SouthPoint Business Park Phase 2 (47 acres); Republic Business Center (160 acres); Market Street (a two building site, totaling 395,725 square feet); and AmeriPort Industrial and Business Parks in Baytown, Texas (1,400 acres). As a full-service real estate firm, clients have long relied on NPH to design, develop and construct unique build-to-suit and design-build projects.
To see a list of all current National Property Holding developments, visit http://nationalpropertyholdings.com.
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Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.
