Rankin-59-Houston

Joint Venture to Develop 749,016 SF Industrial Project Near Houston Airport

by Taylor Williams

HOUSTON — A joint venture between two Houston-based groups, Transwestern Investments and Hanover Co., will develop Rankin 59, a 749,016-square-foot industrial project in North Houston. The site is located at the corner of Rankin Road and U.S. Highway 59/I-69, adjacent to George Bush Intercontinental Airport. The development will consist of a single cross-dock facility with 40-foot clear heights, 130- to 185-foot truck court depths, 106 dock doors and parking for 429 cars and 140 trailers. Construction is expected to begin in January and to last about 12 months.

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