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Port Demand Continues Due to Petrochemicals

HOUSTON—The Port of Houston continues to exhibit a strong trajectory of user demand and logistics services to the petrochemical industry going by way of rail and exported outside of Houston.

Justin Bennett DCT Industrial’s Bennett says the main driver is the petrochemical sector.

HOUSTON—The Port submarket continues to shine amid lackluster performance elsewhere. One recent example is the 13.2 acres acquired for a 222,000-square-foot build-to-suit facility. DCT Industrial Trust acquired the acreage for logistics company, DHL Supply Chain USA.

The site is located adjacent to two existing DCT Industrial buildings on State Highway 225, which are also occupied by DHL Supply Chain USA. The new class-A distribution building will feature 36-foot clear height and will be rail served by the Port Terminal Rail Association. Upon completion, DCT Industrial and DHL’s La Porte campus will total 535,000 square feet.

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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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