Industrial

HOUSTON — XL Parts has selected the Houston office of Cadence McShane Construction Co. for a multi-phase industrial project in Houston. In Phase I, Cadence McShane will build out 12,017 square feet of shell office space within the company's existing 187,620-square-foot industrial center at 15701 Northwest Freeway. Phase II will include the construction of a 101,650-square-foot, build-to-suit industrial facility located on approximately 24 acres at the intersection of Northwest Freeway and Beltway 8. The building will include 30-foot clear ceiling heights, three drive-in doors, two semi-dock doors, 34 standard dock doors and 2,931 square feet of office space. Munson Kennedy Partnership is serving as project architect. Completion is slated for February 2010.

SUGAR LAND, TEXAS — Northstar Commercial Partners has acquired a warehouse and distribution center located in Sugar Land for approximately $15.7 million. The property totals 369,364 square feet and is situated on 21.1 acres within Sugar Land Business Park at 1601 Gillingham Lane. The building features 28- to 38-foot clear ceiling heights and more than 5 acres of outside storage/trailer parking. Two tenants currently occupy the property on a short-term basis. Northstar purchased the property from Amegy Bank, N.A. as a distressed asset. The bank also provided the primary financing for the deal. Bob Berry and Jarret Venghaus of Jones Lang LaSalle represented the seller in the transaction.