(Read more on the industrial market.)
[IMGCAP(1)]HOUSTON-The local owners of the 640-acre Greens PortIndustrial Park are mulling over a plan to add more spec space nextyear. The existing three million sf of water-, rail- andfreeway-supported space has only 40,000 sf left to fill.
B. Kelley Parker III and John F. Littman, who lease the 1755Federal Rd. park for Greensport/Ship Channel Partners LP, tellGlobeSt.com that the last spec building--175,000 sf that deliveredearlier this year--is being claimed by a single tenant, who's nowputting the finishing touches to its lease. Meanwhile, a 47,975-sfdeal has just been inked by Zurich-based ABB Inc., which grabbedthe space for its off-shore operations before it could hit themarket, the brokers disclosed. "We have one 40,000-sf buildingleft," Parker says.
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