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Sign in Sign up for a FREE subscriptionMDH Partners acquires 996,482sf industrial distribution center near Houston
MDH Partners has acquired Cedar Port IKEA, a premier 996,482-square-foot industrial distribution center near Houston.
JLL represented the seller in the transaction.
The property consists of two class A buildings built in 2017, currently fully leased to IKEA. It features 32-foot clear heights, large 190-foot truck courts, ESFR sprinkler systems, abundant trailer parking and future rail capability.
Located at 4762 and 4830 Borusan Rd. in Baytown, Texas, the property is located two miles from State Highway 99 and 15 minutes from Barbour's Cut Container Terminal.
Additionally, the property is part of Cedar Port Industrial Park, the largest master-planned, rail- and barge-served industrial park in the United States and the fifth-largest globally. This 15,000-acre campus features heavy utilities and exceptional infrastructure, hosting industry leaders like Walmart, GE, DHL and The Home Depot.