Posted on November 4, 2020
Two new tenants will be joining the Underwood Port Logistics Center and Bayport North Logistics Center I, absorbing more than half a million square feet of industrial space in Houston’s Southeast submarket.
A global e-commerce provider signed a lease for 402,648 square feet at Underwood Port Logistics Center in Deer Park. Meanwhile, Frederick Trucking secured 102,863 square feet of bulk distribution space at Bayport North Logistics Center I in Pasadena.
The landlord of both properties, an affiliate of Triten Real Estate Partners, was represented by Joseph Smith, Patrick Rollins, Jason Dillee and Andrew Jewett of CBRE. Dedrik Pharis, with CBRE’s Inland Empire, California office, represented the tenant at the Underwood Port Logistics Center and NAI Partners’ Chris Haro represented Frederick Trucking.
“Both tenants recognized the value in having a modern distribution center within immediate proximity to the Port of Houston,” said Triten’s Will Hedges.