TradeLane Properties Expands Texas Portfolio with Houston Light Industrial Facility.
Houston, TX – TradeLane Properties, a privately held industrial real estate company, announces the acquisition of a 145,222 square foot light industrial facility located at 915 Conroe Park West Drive, Conroe, TX, in the Woodlands/Conroe submarket of Houston, TX.
This Class A building, constructed in 2020, is rear loaded and situated on 18 acres, with a 39’ clear height. Additional features include 14 dock-high doors (10’ x 10’), 2 drive-in doors (12’ x 14’), 38 trailer stalls, and 195’ deep truck courts.
Purchased within the TradeLane Properties U.S. Industrial Fund III, L.P., an investment fund focused on key Central and Southeast U.S. logistics markets, this asset was purchased on a short-term sale-leaseback and is currently being marketed for lease by Garret Geaccone at Stream Realty Partners.
The acquisition of TLP 915 Conroe is consistent with TradeLane Properties’ strategy of investing in select major U.S. logistics markets with the opportunity to add value through dedicated in-house expertise including Leasing, Accounting, Construction, Development, and Property Management teams.
TradeLane Properties would like to thank Trent Agnew and Charles Strauss with JLL Capital Markets for their assistance in this transaction.
About TradeLane Properties
TradeLane Properties is a privately held Industrial real estate company committed to harnessing its founders’ expertise in acquiring, developing, redeveloping, and operating industrial real estate facilities focused on the Central U.S. markets of Chicago, Cincinnati, Columbus, Indianapolis, Louisville, Dallas-Fort Worth, Houston and San Antonio. For more information, visit www.tradelaneproperties.com or call Kari Jones at (630) 320-5501.