CenterPoint Acquires 240K SF Near Port

HOUSTON–CenterPoint Properties has acquired over 240,000 square feet and 11 acres across two properties in Houston. Jack Fraker, Josh McArtor and Heather McClain of CBRE represented CenterPoint in the transaction between CenterPoint and the seller.

Located at 8501 North Loop East and 8786 Wallisville Road, the strategically located facilities are less than 20 miles from the Port of Houston’s Barbours Cut and Bayport terminals, allowing for three to four daily trips. Both buildings offer close proximity to local rail and port shipping channels, situated less than one mile from the Union Pacific (UP) Settegast and UP Englewood intermodal yards, and less than four miles from the Houston Ship Channel.