Brennan acquires 11 acres for industrial development in Houston

Brennan Investment Group acquired 10.8 acres in Houston with a strategy to develop a modern, class A industrial, rear-load building totaling approximately 157,300 rentable square feet. The property is located at 500 N. Sam Houston Parkway W., adjacent to Beltway 8, with 700 feet of highway visibility.

The design features meet or exceed market standards, including 32-foot clear height, ESFR sprinkler system and trailer parking. The building depth of 225 feet lays out well for either single-tenant or multitenant occupancy.

"The newly acquired property is part of Brennan's ongoing strategy, which focuses on investing in high-quality real estate across the country," said Troy MacMane, managing principal for Brennan's Texas region.

The project is expected to be completed in third quarter 2024. The development is generating significant interest, with pre-leasing already under way.

"Our investment strategy is predicated on the increasing demand for industrial re