Stream Realty Partners signed Houston’s fastest-growing specialty crating company, Gulf Coast Crating, to lease 432,316 square feet at Portside Logistics Center, a two-building, 1-million-square-foot industrial development in the highly sought-after Southeast Houston (“Port”) submarket.
This lease brings Building 1 to 100% occupancy. Building 2, which comprises 258,248 square feet and is divisible to 122,963 square feet, remains available for immediate occupancy.
Portside Logistics Center, a joint venture development between Principal Asset ManagementSM and Stream Realty Partners, is located at 4838 and 4908 Borusan Road in Baytown, Texas. The premier industrial development provides seamless connectivity to major transportation routes such as the Grand Parkway, Interstate 10, and Highways 225 and 146. These thoroughfares facilitate expedited access to Port Houston’s two major container terminals, Barbour’s Cut and Bayport.
Designed with versatility in mind, Portside Logistics Center offers flexible configurations and was developed to the highest standards. It features speculative office space, LED warehouse lights, a white-boxed interior warehouse, painted columns, caulked control joints, and fully fenced and secured truck courts. Additionally, the project is LEED certified.
Stream Executive Vice President Jeremy Lumbreras and Tyler Maner serve as the leasing agents for the project and helped complete the deal. Justin Robinson heads up the development management alongside Stream Senior Director Tyler Wellborn, Director Craig McKenna, Development Analyst Matthew Sibley, and Financial Analyst Kristina Gibson. Gulf Coast Crating was represented in lease negotiations by Patrick McKiernan and James Mashni with First Houston Properties.