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Barge Fleeting Space is at a Premium

HOUSTON—The recent acquisition of HMS 850, in what is arguably the most desirable location in the ship channel, fills some of the need for barge fleeting and deep water terminal space.

HMS land The proximity to the battleground historic site will ensure the land is never developed.

HOUSTON—According to a representative from the US Army Corp of Engineers, barge fleeting space is at a premium and potential sites are extremely limited in the ship channel. HMS 850 is a 41.7 acre site at the entrance of the Houston Ship Channel located in southeast Houston, near both Barbours Cut and Bayport container terminals. It has direct access to IH-10 and Independence Parkway, directly across from the San Jacinto Battleground State Historic Site.

A commercial real estate development, construction and investment firm, AVERA Companies, has acquired HMS 850 with existing permits in place for four distinct lease areas. Those areas are barge terminal and fleeting area, dredge material placement area, potential reclaimed land, and a future fuel and deep water terminal distribution facility.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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