| Hines buys, rebrands, expands Underwood Distribution Center | Hines buys, rebrands, expands Underwood Distribution Center | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=16221 | 2017-03-31T05:00:00Z | 2017-03-31T14:00:00Z | LA PORTE – Houston-based Hines has purchased the Underwood Distribution Center from BlackRock. Hines will rebrand the fully leased Class A park as Independence Logistics Park. The park currently has five buildings totaling 2.2 million sf and three development parcels. Hines will develop Building 6, a 167,000-sf front-load distribution building. It will deliver in fourth quarter this year. Cushman & Wakefield represented BlackRock. Hines has renewed the leasing assignment for the park with CBRE. Current tenants include CRC, DNow, GIS, Northern Safety, Packwell, and PolyOne.
| Houston Business Journal
| Houston-The Woodlands-Sugar Land
| Industrial
| http://http://www.bizjournals.com/houston/news/2017/03/31/hines-buys-rebrands-expands-industrial-park-near.html | | | | Read more at {Source} |
