MDH Partners acquires nine-building industrial portfolio in Houston

MDH Partners acquired a Class-A nine-building portfolio of light industrial assets totaling 563,343 square feet in Houston.

The portfolio included two buildings located at 7220 N Sam Houston Pkwy W and seven buildings at 3403 N Sam Houston Pkwy W. Located in the Northwest Houston submarket along Beltway 8, the Portfolio is 94% leased. Georga Rowe led the acquisition for MDH. 

Located on Sam Houston Parkway, the Portfolio is visible to 150,000 vehicles per day with premier frontage along Beltway 8, providing excellent access to all major transportation arteries. Developed between 2007 and 2013, the nine buildings in the Portfolio are highly functional Class-A assets with an average suite size of 19,425 square feet. The Portfolio is 94% leased to 26 tenants with a weighted average lease term of 4.47 years.  MDH has engaged Stream Realty Partners to lease the portfolio on its behalf.  

According to CoStar, shallow bay assets represent 36% of total U.S. industrial inventory as of Q1 2025, yet they account for only approximately 5% of all industrial space currently under construction, underscoring the limited new supply entering this category. This Portfolio is directly aligned with these national dynamics, offering a variety of suite sizes ranging from 6,800 square feet to 65,000 square feet. 

Stream Realty Partners reports that the greater than 50,000-square-foot distribution segment in Houston’s Northwest submarket has historically maintained one of the lowest vacancy rates out of all the size segments at approximately 3.5% over the last four quarters, reflecting exceptional tenant depth and leasing velocity in this infill shallow-bay size range.  

MDH is currently investing its Fund III, a $1.2 billion discretionary fund, and it currently owns or manages approximately 37 million square feet across 33 markets in 18 states.