LOGISTICS FIRM GULF WINDS TO EXPAND ITS FOOTPRINT IN METRO HOUSTON

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SEABROOK AND LA PORTE, TEXAS — JLL has announced the development of an industrial facility for third-party logistics firm Gulf Winds International and a lease expansion at a separate facility for a combined 543,000 square feet. Jeff Venghaus and Ryan Fusellier represented Gulf Winds in both leases. The deals include a new 10-year lease in a 243,000-square-foot build-to-suit on 12 acres in Seabrook, Texas. The facility is slated for delivery at the end of 2014. The other deal is a lease expansion of 300,000 square feet 10 miles away at 359 Old Underwood Road in La Porte, Texas. With the development of the new 243,000-square-foot facility, Gulf Winds will have 460,000 total square feet adjacent to the Bayport Terminal.

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