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Hospital System Sells 27-Acre Industrial Tract

HOUSTON-International Holdings acquires the northeast Houston acreage for a build-to-suit for its Houston affiliate, United Crane. Ten acres of the 27-acre buy along McCarty Road will be dedicated to the project.

By Jennifer Brenner Andrade | Updated on December 30, 2002

HOUSTON-International Holdings Inc. has bought more than 27 acres in northeast Houston from the Memorial Hermann Hospital System.

The plan is to carve out 10 acres for a build-to-suit for an affiliate, United Crane Inc., John B. Littman of Cushman & Wakefield of Texas Inc. tells GlobeSt.com. Details of the project for the Houston-based United Crane were not available by press time. The land is situated on the south side of McCarty Road near Loop 610.

United Crane’s currently operates from a 24,872-sf building situated on about five acres along Kelley Street, also in the northeast submarket. United Crane sells, rents, inspects and maintains cranes. It has offices in Houston, Dallas, Austin and Chicago.

Littman and B. Kelley Parker III, also of Cushman & Wakefield, represented the buyer in the negotiations. The brokers would not release an asking or selling price.

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