CenterPoint Properties Purchases 27-Building Portfolio Acquisition in Houston

by Haisten Willis

HOUSTON — CenterPoint Properties has acquired a 27-building portfolio in Houston. The properties are located within nine business parks and total 3.6 million square feet. Jud Clements, Rusty Tamlyn, Trent Agnew and Robby Rieke of HFF facilitated the transaction between CenterPoint and the unnamed seller. The majority of the facilities acquired are situated east of the Houston Central Business District. The buildings offer access to shipping channels including the Union Pacific (UP) Settegast, UP Englewood and Burlington Northern Santa Fe Mykawa yards, the Port of Houston, and a petrochemical refining complex.

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