HOUSTON – CBRE has negotiated a 500,000-sf, full-building industrial lease at 5800 Mesa Dr.
Situated on 95 acres, the property has 330 terminal doors, a 46,000-sf maintenance facility, and 25 acres of secured trailer parking.
CBRE represented the tenant, a logistics firm. NAI Partners and Burr & Temkin represented the landlord, Dayton Street Partners.
The Chicago-based landlord acquired the property in January 2021 and implemented a $25 million value-add program.
Get more Houston-area industrial news on the Texas Real Estate Research Center’s website:
Source: REBusiness Online