Updated Sep 24, 2026
Wesco Distribution Signs Lease For 376,067 Square Feet In Channelview With Landlord Trammell Crow Company
15600 Carpenters Logistics Dr
Building Size
376,067 SF
Asset Type
Industrial
Closing
Sep 22, 2026
About this deal
AI
The property asset involved is located at 15600 Carpenters Logistics Drive in Channelview, TX, and is categorized as an industrial asset. The facility encompasses 376,067 square feet, which is part of a larger 752,134-square-foot industrial complex. Additionally, the asset includes an adjacent 5-acre outdoor storage yard. The building was completed by Trammell Crow Company in 2025.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 15600 Carpenters Logistics Drive
- Market: Channelview, TX
- Tenant: John Engel - Wesco Distribution
- Landlord: Adam Nims - Trammell Crow Company
- Landlord's Rep: Cape Bell, Jason Dillee & Kayla Ripple - CBRE
- Tenant's Rep: Cresa
Wesco Distribution has signed a lease for the specified square footage at Carpenters Logistics Center Building 1, marking a significant occupancy within the industrial facility. The remaining half of the property is still available for lease, providing opportunity for additional tenants in the future.
Players
Channelview Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93