Transwestern Arranges 394,489 SF Industrial Lease in Metro Houston

PASADENA, TEXAS — California-based Plastic Express has pre-leased 394,489 square feet in Phase II at Port 225 in Pasadena, near the Port of Houston. Phase II consists of three buildings under construction with expected completion in the second quarter of 2016. Totaling 753,864 square feet, the project is now 65 percent pre-leased. Completed in 2008, Phase I consists of three buildings totaling 697,000 square feet and is 100 percent leased. At completion, Port 225 will consist of six distribution buildings totaling 1.45 million square feet. Plastic Express was founded in 1970 and provides custom-tailored and logistical solutions for the plastics industry, as well as non-plastic materials including steel, paper, lumber and other products. Transwestern’s Brian Gammill and Darryl Noon represented the building owner, Clarion Partners, in the lease transaction. Jeff Huberman, Mike Spears and Robert McGee of Lee & Associates represented Plastic Express. Houston-based Transwestern Development Co. is providing development and construction management services.