{"id":109635,"date":"2026-01-03T17:00:08","date_gmt":"2026-01-03T17:00:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/109635\/"},"modified":"2026-01-03T17:00:08","modified_gmt":"2026-01-03T17:00:08","slug":"blackstone-sells-1-million-sf-houston-industrial-portfolio","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/109635\/","title":{"rendered":"Blackstone Sells 1 million SF Houston Industrial Portfolio"},"content":{"rendered":"

HOUSTON \u2013 (Realty News Report) \u2013 An Ares Real Estate fund has acquired three industrial properties<\/a> totaling more than 1 million SF across north and northwest Houston.<\/p>\n

The seller was a warehouse investment entity affiliated with Blackstone.<\/p>\n

JLL Capital Markets represented the seller of the logistics portfolio, which spans six buildings and is 95% leased to 10 tenants. Trent Agnew, Charlie Strauss, Lance Young, Brooke Petzold, and Dawson Hastings of JLL worked on the deal.<\/p>\n

The 1,020,722-SF portfolio contains recently constructed buildings of various configurations, including cross-dock, rear-load and front-load designs. Clear heights range from 26 to 36 feet.<\/p>\n

The acquired properties consist of: Central Green Corporate Center, totaling 516,134 SF across four buildings at the Hardy Toll Road and Central Green Boulevard near Bush Intercontinental Airport; North Houston Logistics Center Building G, totaling 351,400 SF at 30 Esplanade Blvd. near I-45 and Beltway 8; and West Little York, totaling 153,188 SF on West Little York near North Houston Rosslyn Road in northwest Houston.<\/p>\n

Marq Logistics, which represents Ares\u2019 vertically integrated global logistics real estate platform, will manage the portfolio. The buildings are near Houston highways and provide access to major cities across Texas.<\/p>\n

\u201cThis portfolio presented an exceptional opportunity for investors to establish a significant presence in Houston\u2019s most sought-after industrial submarkets through a single transaction,\u201d said Trent Agnew, Senior Managing Director and Industrial Group Leader at JLL. \u201cWith over one million square feet of premier Class A logistics space, diverse tenant configurations and substantial mark-to-market upside, the NxNW Houston Portfolio allows new ownership to capitalize on the robust fundamentals driving Houston\u2019s industrial market while benefiting from the region\u2019s position as a critical distribution hub serving the broader Texas Triangle.\u201d<\/p>\n

The deal follows another major portfolio transaction on Houston\u2019s north side. Atlanta-based MDH Partners recently acquired a nine-building industrial portfolio<\/a> along Beltway 8. That sale consisted of two buildings at 7220 N. Sam Houston Parkway West and seven buildings at 3403 N. Sam Houston Parkway West.<\/p>\n

Based in Los Angeles, Ares Real Estate has approximately $110 billion in assets under management. Ares recently consolidated its global logistics real estate platforms under the Marq Logistics brand. Marq manages more than 600 million SF of properties globally.<\/p>\n

Jan. 3, 2026 Realty News Report Copyright 2026<\/p>\n

Photo credit: JLL Capital Markets<\/p>\n

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File: Blackstone Sells 1 million SF Houston Industrial Portfolio Trent Agnew Blackstone Sells 1 million SF Houston Industrial Portfolio JLL, Ares, Denver<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"HOUSTON \u2013 (Realty News Report) \u2013 An Ares Real Estate fund has acquired three industrial properties totaling more…\n","protected":false},"author":2,"featured_media":109636,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[12426,56,58,57,49047],"class_list":["post-109635","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-blackstone","tag-houston","tag-houston-headlines","tag-houston-news","tag-jll-capital-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/109635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=109635"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/109635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/109636"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=109635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=109635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=109635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}