High Street Logistics Properties Acquires Cedar Crossing Distribution Center In Baytown

The Cedar Crossing Distribution Center, a 129,527-square-foot industrial property located in Baytown, Texas, has been sold. The property, fully leased to Merih Cotton Corp., features 24-foot clear heights, 33 dock-high doors, and is situated on 7.3 acres within Cedar Port Industrial Park. The transaction was facilitated by JLL and involved the seller's representatives, Richard Quarles, Rusty Tamlyn, and Trent Agnew. The buyer, High Street Logistics Properties, acquired the asset from American National Insurance Co.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Address: 3710 Cedar BLVD, Baytown, TX, 77523
• Market: Baytown
• Seller's Rep: Richard Quarles(JLL), Rusty Tamlyn(JLL), Trent Agnew(JLL)
• Buyer: High Street Logistics Properties
• SF: 129527

The sale of Cedar Crossing Distribution Center was completed with the involvement of notable individuals from JLL, including Charlie Strauss and Ethan Goldberg. The property, constructed in 2009, was part of a transaction brokered by a partnership between Mountain West Industrial Properties and American National Insurance Co. High Street Logistics Properties emerged as the buyers of the fully leased industrial asset in Baytown, Texas.