News Archive
Floor and Decor to build 1.5M-SF distribution center near Baytown
February 16, 2021 - Atlanta-based Floor and Décor Outlets of America has acquired nearly 100 acres near Baytown with plans to build a 1.5 million-square-foot distribution center, which will service the south-central United States.The property is located within the massive TGS Cedar Port Industrial Park, on the corner of Cedar Port Parkway and...
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For The First Time, Speculative Cold Storage Is Underway In Houston
February 10, 2021 - The U.S. cold storage sector was already on the rise in the lead-up to the coronavirus pandemic. The U.S. had about 214M SF of industrial cold storage space in 2019, and the market was expected to grow in value by 4% annually between 2018 and 2022, a 2019 CBRE report...
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Ship channel receives ‘new start’ designation
January 25, 2021 - The project to deepen and widen the Houston Ship Channel, an effort that has been in the works for more than seven years, got a major boost in the final hours of the Trump administration as the project was granted “new start” status, allowing work to begin on...
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Demand For Industrial Space Near Port Houston Is Growing, Driven By Consumer Goods
January 18, 2021 - Cargo volumes flowing through Port Houston are on the rise, shaking off the early pandemic slowdown in global trade. That's having a positive domino effect on the surrounding industrial real estate market, as third-party logistics firms look to move increasing volumes of consumer goods.Despite the...
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County Transit Milestone
December 31, 2020 - Baytown does its part as service reaches 1 million servedThe Harris County Transit’s Fixed Route bus service reached a milestone this month with 1 million-passenger boardings, and Baytown riders made up a large portion of that number, officials say. David Jones, Harris County Transit Services deputy assistant director, said...
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Houston Ship Channel Expansion Authorized by Congress
December 21, 2020 - Read Here
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Industrial Deals Near Port Houston Showcase Bright Spot in Pandemic Uncertainty
December 2, 2020 - Four notable deals that recently closed in Houston’s southeast market show that logistics and distribution tenants are continuing to fuel growth in the area by the port despite the uncertainty of the pandemic.Principal Real Estate Investors has found a tenant for a 784,000-square-foot industrial building at ...
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Mayor: ‘The future of Baytown is bright
October 21, 2020 - COVID-19 may have hindered many things in 2020, but according to Mayor Brandon Capetillo, Baytown’s future is not one of them. Giving his annual State of the City address on video recorded at Faith Family Church on North Main, Capetillo spoke of the city’s future. The...
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Mont Belvieu State of the City: Exciting future
October 14, 2020 - Giving the State of the City for Mont Belvieu, City Manager Nathan Watkins said many exciting things are happening within the city, and there is more to come. Speaking at the West Chambers County Chamber of Commerce luncheon Tuesday, Watkins said 2020 started out shaky with the city having to...
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SABIC-Exxon joint venture hires ahead of 2022 startup
September 22, 2020 - Saudi Basic Industries Corp., more commonly called SABIC, has already started hiring for a $10 billion joint venture project set to come online in 2022.In fact, Gulf Coast Growth Ventures — the joint venture entity for the project — has already hired almost all of its permanent workforce, said Bashar...
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