Mountain West Industrial Properties and American National Insurance Co. have sold Cedar Crossing Distribution Center, a 100-percent leased, single-tenant, 129,527-square-foot distribution facility in the Houston-area community of Baytown, Texas.
High Street Logistics Properties purchased the asset. The sales price was not disclosed.
Completed in 2009, Cedar Crossing Distribution Center is fully leased to Merih Cotton Corp., a family-owned and -operated Houston-area cotton distributor that has been in business for more than 35 years. The front-load building features a 24-foot clear height, 33 dock-high doors, one drive-up ramp and low office finish. Situated on 7.37 acres at 3710 Cedar Blvd., the property provides exceptional access to the Port of Houston’s two dedicated container terminals — Barbour’s Cut (5.6 miles) and Bayport Container Terminal (9.4 miles). Cedar Crossing Distribution Center is also within the 15,000-acre Cedar Port Industrial Park, which is
