CapRock Partners has acquired Kennedy Greens Distribution Center, a 524,199-square-foot, class A industrial facility in Houston, Texas. The fully leased property marks CapRock’s entry into the Houston market and supports the firm’s ongoing expansion across Texas.
“CapRock Partners is pleased to complete its first acquisition in Houston, one of North America’s most important logistics markets,” said Taylor Starnes, vice president of acquisitions at CapRock Partners. “Kennedy Greens Distribution Center is a modern, institutional-quality facility in a supply-constrained submarket experiencing sustained tenant demand. This investment enhances the breadth of our Texas portfolio and underscores CapRock’s disciplined approach to identifying and securing best -in-class industrial assets with strong long-term fundamentals.”
Completed in 2020, Kennedy Greens Distribution Center is a state-of-the-art cross-dock facility featuring 36-foot clear heights, 103 dock-