LA PORTE – Liberty Property Trust has acquired three industrial buildings and 139 additional acres in this Houston suburb for $93 million.
Located in the Port Crossing Commerce Center, the fully-leased buildings include two rail-served facilities and a cross-dock building totaling 921,196 sf.
Tenants in the park include Anheuser-Busch, Gulf Winds, Ferguson Enterprises and Overland Distribution.
Liberty plans to add an additional two million sf to the center. Phase I — a 408,000-sf cross-dock building and 105,000-sf rear-load building — could begin next year.
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