Hines buys, rebrands, expands Underwood Distribution CenterHines buys, rebrands, expands Underwood Distribution Centerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=162212017-03-31T05:00:00Z2017-03-31T14:00:00Z

​​​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
http://http://www.bizjournals.com/houston/news/2017/03/31/hines-buys-rebrands-expands-industrial-park-near.htmlRead more at {Source}

 Search NewsTalk Texas