Investors Still Like Houston Industrial

East Belt Business Park had a tremendous amount of competitive investor interest because it has an operating history of consistent occupancy of approximately 90% and upside potential.

East Belt Business Park

HOUSTON—Industrial investors are continuing to target Houston and East Belt Business Park is the latest in the string of institutional buys to hit the sale column. TA Realty purchased the asset sold by a fund advised by Morgan Stanley Real Estate Investing.

The four-building class-A industrial development totals 350,000 square feet in Houston’s Southeast submarket. This highly sought-after submarket is the second-largest industrial submarket in Houston.

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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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