INDUS Realty Trust has acquired Park 845 Crossing, a 757,325-square-foot class A multitenant industrial portfolio located at 11710 North Freeway in Houston.
Constructed between 2008 and 2014, Park 845 Crossing comprises five concrete tilt-wall buildings situated on 38.9 acres at the interchange of Interstate 45 and Beltway 8. The portfolio offers a mix of rear-load and cross-dock configurations, with individual buildings ranging from approximately 54,000 to 245,000 square feet and clear heights from 18 to 30 feet.
At the time of sale, the property was 99 percent leased to 11 tenants across a range of industrial categories — including foodservice distribution, tire manufacturing and distribution, HVAC wholesale, third-party logistics, and airfreight services.
Park 845 Crossing’s location provides direct highway access throughout the greater Houston metropolitan area and positions the asset within one of the most significant logistics intersections in the Texa