{"id":356266,"date":"2026-06-30T21:00:10","date_gmt":"2026-06-30T21:00:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/356266\/"},"modified":"2026-06-30T21:00:10","modified_gmt":"2026-06-30T21:00:10","slug":"high-street-logistics-buys-1m-sf-industrial-park-in-houston","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/356266\/","title":{"rendered":"High Street Logistics Buys 1M SF Industrial Park In Houston"},"content":{"rendered":"

High Street Logistics Properties<\/a> acquired Northwest Spur Industrial Park, a six-building rail-served industrial portfolio totaling 1M SF.\u00a0<\/p>\n

\"Placeholder\"\/<\/p>\n

\n Courtesy of Jud Haggard\n <\/p>\n

\n Northwest Spur Industrial Park\n <\/p>\n

The industrial park is on 44 acres at 9200-9300 Baythorne Drive in Northwest Houston<\/a>. The property is fully occupied by 14 tenants in industries including packaging and plastics manufacturing<\/a>, industrial supply, and food and beverage.<\/p>\n

Five of the six buildings at Northwest Spur Industrial Park are directly served by a Union Pacific rail line.\u00a0<\/p>\n

\u201cHigh Street<\/a> recognized the exceptional fundamentals of a fully occupied, rail-served industrial park in an infill location that would be prohibitively expensive to replicate today,\u201d Trent Agnew<\/a>, senior managing director for JLL Capital Markets<\/a>, said in a press release.<\/p>\n

JLL Capital Markets\u2019 Agnew, Charlie Strauss<\/a>, Lance Young, Brooke Petzold and Dawson Hastings represented the undisclosed seller of the property.\u00a0<\/p>\n

High Street Logistics Properties was founded in Boston in 2002 by former executives of Trammell Crow Co.<\/a>\u00a0The private equity investment management firm has acquired 70M SF of property worth $6B throughout 16 markets.<\/p>\n

Houston industrial investment sales surged 80% month-over-month in May, totaling $1.4B for the year, according to CommercialCafe<\/a>. That puts Houston second in the South Region for highest dollar volume of industrial investment sales, following Dallas\u2019 $2.3B.\u00a0<\/p>\n

Other major industrial transactions in Houston this year include PlaceMKR\u2019s acquisition of Rankin Yards<\/a>, a 17-building advanced manufacturing<\/a> campus in North Houston;\u00a0Outrigger Industrial<\/a>\u2019s sale of a 1M SF building<\/a> in Generation Park<\/a>; and Bleecker Partners\u2019 purchase of an 880K SF infill portfolio<\/a> throughout the region.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"High Street Logistics Properties acquired Northwest Spur Industrial Park, a six-building rail-served industrial portfolio totaling 1M SF.\u00a0 Courtesy…\n","protected":false},"author":2,"featured_media":356267,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[126690,126688,32135,126685,126687,56,58,57,1874,126684,126686,21689,126689,15275,14395,88137,126683],"class_list":["post-356266","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-brooke-petzold","tag-charlie-strauss","tag-dawson-hastings","tag-high-street","tag-high-street-logistics-properties","tag-houston","tag-houston-headlines","tag-houston-news","tag-industrial","tag-industrial-investment","tag-industrial-investment-sales","tag-jll","tag-lance-young","tag-manufacturing","tag-northwest-houston","tag-northwest-houston-industrial","tag-trent-agnew"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/356266","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=356266"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/356266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/356267"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=356266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=356266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=356266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}