High Street Logistics Properties acquired Northwest Spur Industrial Park, a six-building, 1.0 million-square-foot industrial portfolio in Houston. JLL Capital Markets represented the seller in the transaction.
Located at 9200–9300 Baythorne Drive and 4820 Blalock Road in Houston, the fully occupied industrial park encompasses 43.52 acres and features shallow-bay buildings constructed in 1980, with clear heights ranging from 18 feet to 24 feet. The portfolio includes 216 dock doors, 24 ramps, 587 car parking spaces and recently updated roofing systems across the buildings.
The park accommodates 14 diverse tenants across industries including packaging manufacturing, building supplies, plastics manufacturing, industrial supply, design and events, and food and beverage. Five of the six buildings are directly served by a Union Pacific rail line, a specialized amenity that creates consistent demand among manufacturing and distribution tenants requiring rail connectivity.
