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US ELogistics Service Corp. Leases 302,825 Square Feet At Constellation Post Oak In Houston

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LEASED

Texas

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Industrial302,825 SF
Leased 12/12/2024
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LEASED

US ELogistics Service Corp. Leases 302,825 Square Feet At Constellation Post Oak In Houston

14942 S. Post Oak Road

See Similar Deals
Industrial302,825 SF
Leased 12/12/2024
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:302,825 SF
Transaction Type:Lease

The industrial asset located at 14942-15012 South Post Oak Road in Houston features a total square footage of 302,825. The property is situated within a 424,011-square-foot industrial park known as Constellation Post Oak, developed by Constellation Real Estate Partners and Crow Holdings Capital.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 14942-15012 South Post Oak Road
  • Market: Houston
  • Asset Size: 302,825 sq ft
  • Landlord: Jeremy Giles & Hien Le - Constellation Real Estate Partners; Michael Levy, Bob McClain & Ken Valach - Crow Holdings Capital
  • Tenant: US ELogistics Service Corp.
  • Landlord's Representative: Barkley Peschel & Zack Taylor - Colliers
  • Tenant's Representative: Robert McGee - Lee & Associates
  • Leasing Status: Campus 82% leased as of now

US ELogistics Service Corp. has secured a lease for the 302,825-square-foot Building 1. The deal involved Colliers representing the landlord, while the tenant's interests were represented by Lee & Associates. The partnership between Constellation Real Estate Partners and Crow Holdings Capital developed the campus, which was completed in 2023.

Players

Robert McGee
13 deals$18M volume
BROKER

Zack Taylor
Colliers
13 deals
BROKER

Barkley Peschel
Colliers
12 deals
BROKER

Details

LEASED
IMAGE: Jeremy Giles, Hien Le, Michael Levy, Bob McClain, Ken Valach, Barkley Peschel, Zack Taylor & Robert McGee DATE: 12/12/2024 ADDRESS: 14942-15012 South Post Oak Road MARKET: Houston ASSET TYPE: Industrial ~ SF: 302,825 LANDLORD: Jeremy Giles & Hien Le - Constellation Real Estate Partners; Michael Levy, Bob McClain & Ken Valach - Crow Holdings Capital TENANT: US ELogistics Service Corp. LANDLORD'S REP: Barkley Peschel & Zack Taylor - Colliers (@ColliersInternational) TENANT'S REP: Robert McGee - Lee & Associates (@LeeAssociatesRE) NOTE: US ELogistics Service Corp. signed a lease for the 302,825-square-foot Building 1 at Constellation Post Oak, a 424,011-square-foot industrial park in Houston developed by Constellation Real Estate Partners and Crow Holdings Capital. Colliers represented the landlord, while Lee & Associates brokered the tenant deal, leaving the 2023-completed campus 82% leased.

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Deal Type
Effective Rent (Annual)

$17,357,746.26

Total Lease Value

$173,577,462.62

Net Landlord Cash Flow$17,357,746.26