Humble's Point North Cargo Park to expand, renew leasesHumble's Point North Cargo Park to expand, renew leaseshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=18272015-02-02T13:25:00Z2015-02-02T08:00:00Z

HUMBLE - Duke Realty Corp. has acquired a new 250,660-sf building and parcel of land for the expansion of its Point North Cargo Park next to Bush Intercontinental Airport.

The building is fully leased to K&K Express. The building is adjacent to the company’s Point North One and Two buildings and will be known as Point North Four.

The company also acquired an adjacent 13.9 acres as the site of Point North Five, a 205,608-sf building which is 47 percent preleased. Roadrunner Transportation Systems has leased 97,344 sf in the building, which will break ground this month.

In recent leasing activity, Geodis Wilson USA, a global freight forwarder a tenant since 2009, renewed its lease in Point North One, a 158,940-sf building at 8210 Humble-Westfield Rd. last year.

Amazon.com leased Point North Two, a 240,000-sf building at 8120 Humble Westfield Rd. in 2013.

“Since we delivered our first building in Point North Cargo Park in 2008, we have continued to see a great deal of interest from companies that want to be close to the airport,” said David Hudson, senior vice president of Duke Realty’s Houston operations.

“With the transactions we completed recently, three tenants have secured their positions in the park for the long term. Plus, we have increased the size of Point North Cargo Park to more than 850,000 sf with the ability to expand it to approximately 1.2 million sf,” Hudson said.

Duke Realty owns and manages nearly 4.4 million sf of industrial, office and medical office space in the Houston area, as part of its national portfolio of 153.2 million sf in 22 markets.

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