Nuveen Real Estate has sold Beltway North Commerce Center, a fully leased, class A, cross-dock industrial distribution center totaling 352,680 square feet in Houston.
High Street Logistics Properties purchased the asset. A sales price was not disclosed.
Completed in 2015, Beltway North Commerce Center features 32-foot clear heights, 110 dock-high doors via a cross-dock configuration, 68 trailer spaces, LED lighting and LEED certification. The property is fully occupied by Air General, a national cargo handling company, and DB Schenker, a worldwide logistics company. Situated on 23.45 acres at 971 N. Sam Houston Parkway East, Beltway North Commerce Center is at the intersection of the Hardy Toll Road and Beltway 8 (Sam Houston Tollway), providing regional connectivity throughout the Houston MSA. This mission-critical location is in Houston’s premier North Industrial submarket
“The Beltway North transaction is another example of continued interest from a deep
