One-of-a-kind logistics-oriented property sees strong demand as the world grapples with global supply chain slowdown and rising costs
Houston, Texas (May 23, 2022) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, and NAI Partners, a full-service commercial real estate firm in Houston, Austin and San Antonio, announce they have negotiated a lease with JD Fields & Company, Inc. for 133,125 square feet and ZL Chemicals for 50,000 square feet of industrial space at the Greens Port Industrial Park located at 1755 Federal Road in Houston, Texas. Steve Pastor of NAI James E. Hanson’s Global Supply Chain, Ports & Rail Logistics Practice along with NAI Partners’ Gray Gilbert, Chris Haro and Jack Gilbert represented the property’s owner, Watco, in the transactions and serve as exclusive leasing brokers for the property’s available space.
A key piece of Port Houston’s shipping infrastructure, the 735-acre industrial park is owned by Watco, a single-source transportation and supply chain services company with locations throughout North America and Australia. The site boasts over three million square feet of warehouse space, storage for 1,600 rail cars across four rail yards as well as seven deep water and nine barge berths along the Houston Ship Channel. The multimodal property can easily handle ocean vessels, barges, trains, and trucks carrying a diverse variety of freight such as dimensional shipments including wind turbine components, vessels and machinery; plastics; liquids such as chemicals, petrochemicals, and petroleum products or crude oil refined products, and ethanol; building materials; bulk solids and steel in all forms. NAI James E. Hanson and NAI Partners are representing Watco in the marketing of a 60-acre site within the Greens Port Industrial Park that is currently available for lease.
Headquartered in Houston, JD Fields & Company, Inc. is a supplier of high-quality steel products to customers around the world. Since 1985, JD Fields & Company, Inc.’s global network of manufacturing and distribution hubs have helped provide customers across the energy, water treatment and construction industries with millions of tons of steel products to bring their projects to life. Its lease at Greens Ports Industrial Park will enable the company to leverage the property’s multimodal shipping flexibility to further streamline its national and international distribution capabilities to ensure it can continue to quickly and efficiently meet the needs of its customers.
For over 25 years, ZL Chemicals has been a leading polyacrylamide manufacturer whose innovative solutions have helped solve some of the oil and gas industry’s toughest challenges. Also headquartered nearby in Houston, the company recognized that Greens Port Industrial Park’s multimodal connectivity and flexible industrial spaces will make it an important component of its global supply chain network.
“Unfortunately, the challenges facing companies with complex international supply chains continue to be significant and difficult to overcome,” said Pastor. “Over the past 18 months, logistics tasks as simple as offloading cargo from ship to shore have become increasingly time-consuming and expensive at many ports across the nation due to a shortage of chassis and container boxes along with rising labor costs. For this reason, Greens Port Industrial Park stands out as it offers direct access to one of the nation’s most important ports and its flexibility ensures the site can be a critical piece in ensuring the long-term viability and efficiency of companies’ supply chain networks.”
The site’s unique multimodal accessibility and build-to-suit opportunities present a rare opportunity for tenants with complex shipping and fulfillment needs. With access to Watco’s robust dock infrastructure along the Houston Ship Channel, tenants at the Greens Port Industrial Park can easily transport freight to and from national and international ports. Additionally, the property offers ample connections to Union Pacific, BNSF and Kansas City Southern’s international and national rail networks. Select buildings within the Greens Port Industrial Park also offer direct freight rail loading capacity. Further accentuating Green Port’s potential, the site is located just one mile from Interstate 10 and features direct highway access to the Barbours Cut Container Terminal and the Bayport Container Terminal at Port Houston, the number one U.S. port in waterborne tonnage. Tenants at the Greens Port Industrial Park can also make use of Watco’s on-site stevedoring, drayage and material handling services to ensure operational efficiency and significant cost savings on day one in their new space.
Greens Port Industrial Park currently has 208,000± square feet of space available for lease as well as 60± acres available for build-to-suit, land lease and/or outdoor storage. For more information about leasing opportunities at Greens Port Industrial Park, please contact Steve Pastor of NAI James E. Hanson’s Global Supply Chain, Ports & Rail Logistics Practice at 201-478-7376 or spastor@naihanson.com or Gray Gilbert of NAI Partners at 713-301-7252 or gray.gilbert@naipartners.com.
