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Duke Realty Adds 773,000-SF Bayport North Distribution Center to Portfolio

Mountain West Industrial Sells Fully Leased Industrial Warehouse Complex in Pasadena
December 20, 2017
Duke Realty (NYSE: DRE), an industrial real estate owner, developer and manager based in Indianapolis, has acquired the Bayport Distribution Center in suburban Houston from Greenwood Village, CO-based Mountain West Industrial Properties. Terms of the deal were not disclosed.

Bayport Distribution Center is a two-building industrial warehouse complex that totals 772,500 square feet at 4331 and 4033 Underwood Dr. in Pasadena, TX. The properties sit on 41.712 acres near the Port of Houston and in close proximity to the Sam Houston Tollway, which provides access to I-45 and Hwy. 225.

Developed by Vantex Commercial Property Group in 2008, the fully leased facility is home to Supply Chain Management, Warehouse Services, A-International Distribution Corp. and St. George Trucking & Warehousing of Texas, among others. It features 24-foot to 30-foot clear heights, 157 dock-high doors and eight drive-in ramps.


Trent Agnew, Rusty Tamlyn and Dane Petersen of HFF's investment advisory team represented Mountain West Industrial Properties in the sale.

For more information on the transaction, please see CoStar Comp #4086938.
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