(Read more on the industrial market.)

SEABROOK, TX-A Philadelphia-based company has acquired 35 acres near the Port of Houston. The buyer’s intention is to build a 300,000-sf to 400,000-sf robotic warehouse facility at an all-in estimated cost of $60 million.

David Lee, senior vice president for Houston-based Transwestern, says customized logistics company XTL Inc. bought the land from a Houston partnership because of its location near Texas 146 and Red Bluff Road. Lee, who represented the seller, pointed out that the tract was one of only a few available for private development within the 1,000-acre Bayport complex.

“All the land east of 146 is either owned by chemical companies wanting to retain sufficient buffer for their operations, or the port of Houston,” Lee explains. “The port isn’t interested in selling land, but in leasing it. What made this property unique is that it was a privately held piece, right in the center of the action. This is a rarity.”

Lee tells GlobeSt.com that an actual groundbreaking on the XTL project is about two years away, but once it’s up and running, the warehouse will be geared toward handling perishables that are currently bypassing the port due to lack of appropriate handling facilities. “Very few companies in the world are constructing this type of warehouse,” Lee says.

XTL is building a similar facility in the Port of Newark, and Lee says company president Anthony Cerone has been eying Houston for awhile for a second facility. Once completed, the facility will use robotics to handle distribution and warehousing activities for Bayport clients and international supply chain companies.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.