Duke Realty Acquires Bayport Distribution Center II In Pasadena For $Undisclosed

Bayport Distribution Center II, a two-building industrial warehouse project in Houston's suburb of Pasadena, has been sold to Duke Realty Corp. The property, located at 4331 and 4033 Underwood Road, totals 772,500 square feet with one 600,000-square-foot building and one 172,500-square-foot building. The asset features clear heights ranging from 24 to 30 feet, eight drive-in ramps, and 157 dock-high doors, and it sits on 41.7 acres of land within close proximity to major highways.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not provided in the context
• Address: 4331 Underwood St, Houston, TX, 770...
• Market: Houston
• Seller's Rep: Rusty Tamlyn(JLL), Trent Agnew(JLL)
• Buyer: Duke Realty
• SF: 772,500

The sale of Bayport Distribution Center II was facilitated by HFF's investment advisory team including Senior Director Trent Agnew, Senior Managing Director Rusty Tamlyn, and Analyst Dane Petersen. Duke Realty Corp. continues to expand its portfolio with acquisitions in different regions, showcasing its strategic growth in the industrial real estate sector.