Baytown-West Chambers County Economic Development Foundation | 1300 Rollingbrook Dr., Suite 610 | Baytown, TX 77521 | 281.420.2961 | baytownedf@baytownedf.org

Massive Industrial Park Near Port Sells Land for Spec Distribution Facility

December 29, 2015

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Nearly 80 acres in the Cedar Port Industrial Park have been sold for construction of a 1.5 million-square-foot development.

Houston-based Clay Development & Construction Inc. bought the 79.57 acres on Borusan Road and FM 1405 from TGS Cedar Port Partners LP for an undisclosed amount. John Simons, John Feruzzo and Joel Michael of NAI Houston represented the seller. Charlie Christ of Clay Development & Construction represented his firm in the transaction and will handle sales and leasing for the distribution park.

Clay Development & Construction will build three 500,000-square-foot rail-served, dock-high distribution buildings in its development, dubbed Cedar Port Distribution Park. Construction on the first building, at 4830 Borusan Road, will begin in January and is expected to be complete in August.

The buildings do not have major tenants or buyers lined up yet, according to a spokesperson.

"The economic drivers in this market are the low price of natural gas, steady growth in the petrochemical and plastics industries, and the demand for newly built, rail-served, accessible distribution space near the Ship Channel," Robert Clay, president of Clay Development & Construction, said in a statement. "With the recent Panama Canal and Port of Houston expansions, both global and national companies are looking for large warehouse/distribution space in this market. The Borusan Road location offers both rail and public barge dock access in addition to immediate access to the Highway 99, Highway 146, Interstate 10 and the port."

Beaumont-based Trans-Global Solutions Inc.’s TGS Cedar Port Partners bought the massive industrial park in Baytown last December. In February, the company shared plans for major infrastructure improvements that would allow for nearly 11,000 acres of development along the Houston Ship Channel.

In July, the park sold 50 acres and an existing 312,000-square-foot warehouse to a South American plastics packaging company.

Olivia Pulsinelli, Senior Web Editor, Houston Business Journal