Freestanding Warehouses for Lease – Houston…a very tight market

ehughes — Tue, 15 May 2012 22:49:19 +0000

There are fewer and fewer options for businesses needing warehouse space in Houston. Freestanding warehouses for lease or sale are becoming very difficult to locate. If you need a crane served warehouse, your only options are new construction and expensive. With rates averaging $.68 PSF NNN/month, many businesses can’t afford the cost. Will this push some companies to consider alternatives outside Houston? If the economy stays strong in the Houston area and the Panama Canal widening stays on schedule, the East Houston industrial market will be drastically underserved.

There are only one or two second generation, crane ready or crane served warehouses for lease or sale East of Downtown Houston. With little to no land available for development near the Port, the only choices will be out near Beltway 8 or further.

If you need warehouse space for lease or purchase in the Greater Houston area, please contact our exclusive commercial broker affiliate for that area, Eric Hughes at Centermark Commercial Real Estate at 713.461.4750 or email him at erichughes@centermarkrealestate.com.

Property Pick of the Week! Warehouse for Lease – 33,975 SF and 54,600 SF Industrial Property- Crane Ready – Warehousefinder.net’s

ehughes — Thu, 03 May 2012 14:15:43 +0000

Palalpina Inc. leases 54,000 SF of warehouse space at 4800 Fidelity in Houston, TX

ehughes — Thu, 22 Mar 2012 13:11:11 +0000

Eric Hughes at Centermark Commercial Real Estate just completed a 54,000 SF industrial lease for McCorvey Real Estate Holdings at 4800 Fidelity in Houston. The 54,000 SF building will be home to Panalpina Inc’s heavy freight division. The company had very few options when looking for warehouse for lease in the Port of Houston area. Panalpina was represented by Chris Mason with Jackson Cookey in Dallas.

Centermark is also marketing build to suit crane served warehouses on the same property and other tracts nearby. For more information please contact Eric Hughes at 713.461.4750.

Warehouse for lease – Houston – Rates are rising

ehughes — Mon, 12 Mar 2012 04:11:44 +0000

Say what you want about the oil and gas industry…you can’t deny it has been very good to Houston, Texas. The trickle down of this prosperity is a booming industrial market experiencing near record absorption and rate increases. Bottom of the market distribution space which was renting for $.28 psf/gross/month a year ago is now going for $.35 PSF/gross/month. The near east side of town near the Port of Houston had some empty dock high space for rent which had been on the market for months. Now that space is all leased and requirements come across my email every day for distribution space. In addition to small to medium sized dock space, similar sized manufacturing/crane served buildings are in high demand. Most of this activity is related to the energy sector in some form or fashion. The only area of industrial not faring so well is the big box distribution arena. There are still options for spaces over 30,000 SF.

If you need space in Houston, call Warehousefinder.net’s exclusive Houston broker affiliate, Eric Hughes at Centermark Real Estate at 713.461.4750.

Warehouse Property Pick of the Week – 3003 Hwy. 225 – Warehouse for Lease

ehughes — Mon, 06 Feb 2012 19:01:59 +0000

Warehouse for lease on the East side of Houston is in demand as the Port of Houston and the energy industry continue to thrive. Dock high space East of Loop 610 East smaller than 50,000 SF is difficult to locate. As a result, our Warehouse Property Pick of the Week is 3003 Highway 225 in Port 225 in Pasadena (East Houston), near the Houston Ship Channel. Offered by Transwestern Company as a Sublease, this space is of recent construction with a corporate finish and image, 30′ clear and ESFR fire sprinkler. Best of all, the asking rate of $.32 PSF/month NNN is substantially below market and the term expires 1/31/2019. A newer, corporate image office warehouse for rent at the rate of a second generation warehouse.

Property Features include:

3003 Hwy 225, Pasadena, Texas

• 42,842 SF available
•6,987 SF Office and 35,855 SF Warehouse
•Building Identity Available
•Thirteen (13) Dock High Overhead Doors
•Front Loading
•30’ Clear
•High finish Office Build Out

Looking for warehouse space? Contact Eric Hughes at Centermark Commercial Real Estate at 713.461.4750. Eric is Warehousefinder.net’s exclusive Houston Broker affiliate.

Commercial Warehouse for Lease – a broker’s definition

ehughes — Sat, 28 Jan 2012 21:17:04 +0000

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“Commercial warehouse” as a label is broadly used to describe a number of types of commercial space typically offered for lease or rent. For purposes of this article, we will use Five (5) main categories.

General Office/Warehouse – Typically grade level, this buildings cater to businesses which provide a product and need to receive material/items and ship out material items which may be at grade level or at dock high. The dock loading on smaller freestanding buildings is usually facilitated thru use of in ground dock truck wells.

Bulk Distribution – Used for the distribution of palletized products in large volume, these buildings have true 4′ dock high loading with multiple doors, high clear height and fire protection systems.

Heavy Manufacturing – With grade level overhead doors and ample outside storage yard, these buildings often have large overhead cranes, heavy power and high clear heights.

Flex office/warehouse (also called service center space) – Heavy office ratio and air-conditioned and heated areas used for tech or assembly are common with Flex space. High parking ratios and generally higher end business park settings are also popular with this type.

Truck Terminal w/ cross dock – Used to transport goods quickly from container to container, this buildings are usually very shallow and long to allow for a very high number of offloading spaces and overhead doors. Additionally, an abundance of trailer storage area is required along with staging yard.

These are some main categories of buildings in Commercial Warehouses which are found for Lease.

For help finding a qualified industrial broker in your area and the perfect warehouse for your business call WarehouseFinder.net at 800.814.4214

Small warehouse space for lease near Port of Houston

ehughes — Sat, 28 Jan 2012 16:02:27 +0000

Centermark Commercial Real Estate is offering warehouse for lease at 8910 to 8930 Lawndale in near East Houston. After just leasing 12,500 SF of dock high warehouse to California based Integrity Systems, all that is left is 6,250 SF and 6,500 SF. Both spaces are grade level and have approximately 1,000 SF of office and some fenced yard area.

For more information please contact Eric Hughes at 713.461.4750 Broker.

54,000 SF Warehouse for Lease – East Houston, Ship Channel area

ehughes — Fri, 13 Jan 2012 23:38:00 +0000

The 4800 Fidelity re-development has leased more quickly than expected. Out of 140,000 SF of existing buildings we leased 88,000 SF and are adding two more buildings for another 9,000 SF of office and warehouse leased.

That leaves us with a single 54,000 SF freestanding warehouse building to lease. This is a clear span building on approx. 2 acres or so with up to 6 additional acres available. This building can accommodate up to 20 ton cranes and 30′ hook heights.

Also, we can construct to suit crane served warehouses up to 100,000 SF on the excess land at this site. Call Eric Hughes at Centermark Commercial Real Estate for more info on the Fidelity property or for a proposal to construct a new warehouse facility.

Eric Hughes – Industrial specialist

Centermark Commercial Real Estate

713.461.4750

Crane-served warehouse for lease market underserved around Port of Houston

ehughes — Tue, 27 Dec 2011 19:53:27 +0000

The Port of Houston is the leading US port for volume in total tonnage, according to the American Association of Port Authorities 2010 report. With the widening of the Panama Canal coming soon, the anticipated need for crane served manufacturing and material handling space in Houston is anticipated to skyrocket. At the time of this post, there is already a definite shortage of quality industrial property for lease which can accommodate overhead crane service. Fewer than 8 or 10 buildings exist East of Houston’s CBD which have existing crane(s) and very few have much storage yard and/or adequate hook height.

While there are a few smaller projects in the works from local developers, the future need is likely to force product to other ports which have the existing facilities in place to handle the business. Some local heavy freight logistic companies estimate the shortage for such properties to be in excess of 1,000,000 SF by January of 2014.

McCorvey Real Estate Holdings has two projects in the works in near East Houston with buildings of 20,000 SF up to 100,000 SF with crane spans of up to 70′, hooks up to 35′ and tonnage to 35 tons.

For more information on crane served warehouse for lease or for sale in the Houston area, contact Eric Hughes at Centermark Commercial Real Estate at 713.461.4750.

Centermark Commercial Real Estate leases 91,000 SF to Pro-Kleen, Inc. in Houston, TX

ehughes — Fri, 09 Dec 2011 22:00:14 +0000

Eric Hughes at Centermark Commercial Real Estate represented the Landlord, McCorvey Real Estate Holdings, LP, at 4800 Fidelity on a 91,000 SF warehouse lease to Pro-Kleen, Inc. Eric indicated that they have 54,000 SF remaining available to lease at the property and already have a deal pending. He also said that the area is under served for quality crane-served warehouses. “Companies needing warehouses with cranes do not have many options in Houston…period. Especially on the East side near the Port of Houston”.

Centermark is working with McCorvey to develop approx. 6 additional spec crane-served buildings for Lease in the immediate area of Loop 610 and Market street.

For information on warehouses for lease contact Eric Hughes at 713.461.4750.