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IOV Acquires 80,000 SF Industrial Asset in Houston for $11.2M

The industrial property at 13500 John F. Kennedy Blvd. in Houston totals 80,000 square feet.

The industrial property at 13500 John F. Kennedy Blvd. in Houston totals 80,000 square feet.

HOUSTON — Industrial Outdoor Ventures (IOV), a Chicago-based investment firm, has acquired an 80,000-square-foot industrial property located at 13500 John F. Kennedy Blvd. in Houston. A division of Houston-based Clay Development and Construction Inc. sold the asset for $11.2 million. Developed in 2016 for the current tenant, industrial shipping and packing firm MEI Rigging and Crating LLC, the facility features 30-foot clear heights, three exterior docks and four extra-large drive-in doors.

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