Houston: Sunny Sky beverages to DCT Northwest Crossroads

HOUSTON – The second building at Denver-based DCT Industrial Trust Inc.’s northwest Houston industrial park, DCT Northwest Crossroads Logistics Centre, was completed in June and has signed a tenant for more than half of the space.

Sunny Sky Products, a beverage manufacturer and distributor, has signed a long-term lease for 189,000 sf of the 320,000-sf building.

Justin Bennett, senior vice president at DCT, said the company was an existing tenant in the northwest submarket and the building’s location, off Beltway eight near North Gessner Rd., was a main selling point.

According to CBRE first-quarter numbers, the northwest submarket had a 4.1 percent vacancy rate and an asking rate of 79 cents per sf, which tied the southwest for the highest rental rates for industrial submarkets across the city.