Lamar Hunt Family Enters Houston Industrial Real Estate Arena

The Lamar Hunt family, which owns the Kansas City Chiefs football team among other diversified holdings, is making a play for Houston industrial real estate. Dallas-based Hunt Southwest Real Estate Development plans to develop a speculative building that will contain up to 509,600 square feet at 17440 U.S. 59 in Humble near Bush Intercontinental Airport. The site was purchased from JM Texas Land Fund No. 2 LP for an undisclosed sum. “We really looked all over the Houston metro area for the right site for our first development in the Houston area,” said T. Preston Herold, senior vice president of Hunt Southwest. “It’s tough to find a well-priced and well-located industrial site in the Houston area. We think we found one with the 59 Logistics Center site.” Click to read more at