{"id":1004456560,"date":"2020-06-16T03:24:46","date_gmt":"2020-06-16T11:24:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004456560"},"modified":"2020-06-16T06:15:36","modified_gmt":"2020-06-16T14:15:36","slug":"ameriport-in-metro-houston-lands-new-tenant","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/","title":{"rendered":"AmeriPort in Metro Houston Lands New Tenant"},"content":{"rendered":"<div id=\"attachment_1004456572\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004456572\" data-attachment-id=\"1004456572\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/ameriport\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg\" data-orig-size=\"550,413\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Ameriport\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;703 Logistics Drive South. Image courtesy of Colliers International&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg?w=550\" class=\"wp-image-1004456572 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg 550w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004456572\" class=\"wp-caption-text\">703 Logistics Drive South. <em>Image courtesy of Colliers International<\/em><\/p><\/div>\n<p>A&amp;R Logistics has leased 133,333 square feet of <a href=\"https:\/\/www.commercialsearch.com\/news\/prologis-index-points-to-elevated-uncertainty-for-logistics\/\">distribution warehouse space<\/a> at 703 Logistics Drive South in the AmeriPort Industrial Park in Baytown, Texas. Colliers International represented both parties in the transaction.<\/p>\n<hr>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/houstons-double-crisis-can-the-metro-take-the-hit\/\">Houston\u2019s Double Crisis: Can the Metro Take the Hit?<\/a><\/p>\n<hr>\n<p>AmeriPort Industrial Park is a 1,000-acre-plus, rail-served, master-planned industrial park encompassing more than 4 million square feet of buildings and 55 miles of railroad trackage, enough to stage more than 3,000 railcars. The park is served by both the BNSF and Union Pacific railroads.<\/p>\n<p>The tenant was represented by Charles Fertitta Jr., principal &amp; director of Colliers International. AmeriPort\u2019s developer, National Property Holdings, was represented by Robert Alinger of Colliers International. Colliers did not respond to <em>Commercial Property Executive<\/em>\u2019s request for additional information.<\/p>\n<p>Sam Diaz, A&amp;R\u2019s president of export and domestic warehousing, described the company as the leading supply chain services provider for the chemical industry, with deep expertise in export resin packaging. A&amp;R\u2019s expansion in Baytown, he added, is in addition to opening two new facilities: One in Charleston, S.C., and the other in Savannah, Ga., in September and December, respectively.<\/p>\n<p>Last November, a 12-year <a href=\"https:\/\/www.commercialsearch.com\/news\/omnitrax-kicks-off-2700-acre-savannah-industrial-park\/\">commitment from A&amp;R Logistics<\/a> to take 610,000 square feet at the 2,700-acre Savannah Gateway Industrial Hub near the Port of Savannah, Ga., led to ground being broken by developer OmniTrax on the park\u2019s first building. A&amp;R also secured an expansion option to occupy the remaining space in the 1 million-square-foot building.<\/p>\n<h2>Best of the bunch<\/h2>\n<p>Besides AmeriPort, National Property Holdings\u2019 other projects in the Houston metro include SouthPoint Business Park Phase 2 (47 acres) and Republic Business Center (160 acres).<\/p>\n<p>With its historically low average vacancy and ongoing e-commerce demand, the industrial sector is the most stable commercial real estate product type in metro Houston, according to a first-quarter report from Avison Young. Warehouse\/distribution space in the Southeast submarket totals about 76.9 million square feet, with an average total vacancy of 8.7 percent. Net absorption in the submarket in the first quarter totaled 0.8 percent of the overall inventory. The average asking rent (direct, triple net) is $7.53. About 4.4 million square feet of space is under construction, also according to Avison Young.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The owner of the 1,000-acre-plus industrial park in Baytown, Texas, has signed A&#038;R Logistics to a lease for 133,333 square feet.<\/p>\n","protected":false},"author":882,"featured_media":1004456572,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,1589,21748,21742],"tags":[33022,32763,32914,49576,38761],"class_list":["post-1004456560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-houston","category-industrial","category-latest","tag-avison-young","tag-colliers-international","tag-e-commerce","tag-national-property-holdings","tag-omnitrax-inc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AmeriPort in Metro Houston Lands New Tenant - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AmeriPort in Metro Houston Lands New Tenant\" \/>\n<meta property=\"og:description\" content=\"The owner of the 1,000-acre-plus industrial park in Baytown, Texas, has signed A&amp;R Logistics to a lease for 133,333 square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-16T11:24:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-16T14:15:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"550\" \/>\n\t<meta property=\"og:image:height\" content=\"413\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/\",\"name\":\"AmeriPort in Metro Houston Lands New Tenant - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg\",\"datePublished\":\"2020-06-16T11:24:46+00:00\",\"dateModified\":\"2020-06-16T14:15:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg\",\"width\":550,\"height\":413,\"caption\":\"703 Logistics Drive South. Image courtesy of Colliers International\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AmeriPort in Metro Houston Lands New Tenant\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555\",\"name\":\"Scott Baltic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96\",\"caption\":\"Scott Baltic\"},\"description\":\"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"AmeriPort in Metro Houston Lands New Tenant - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/","og_locale":"en_US","og_type":"article","og_title":"AmeriPort in Metro Houston Lands New Tenant","og_description":"The owner of the 1,000-acre-plus industrial park in Baytown, Texas, has signed A&R Logistics to a lease for 133,333 square feet.","og_url":"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-06-16T11:24:46+00:00","article_modified_time":"2020-06-16T14:15:36+00:00","og_image":[{"width":550,"height":413,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg","type":"image\/jpeg"}],"author":"Scott Baltic","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/","url":"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/","name":"AmeriPort in Metro Houston Lands New Tenant - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg","datePublished":"2020-06-16T11:24:46+00:00","dateModified":"2020-06-16T14:15:36+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg","width":550,"height":413,"caption":"703 Logistics Drive South. Image courtesy of Colliers International"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/ameriport-in-metro-houston-lands-new-tenant\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"AmeriPort in Metro Houston Lands New Tenant"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555","name":"Scott Baltic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","caption":"Scott Baltic"},"description":"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Ameriport.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004456560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/882"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004456560"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004456560\/revisions"}],"predecessor-version":[{"id":1004456713,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004456560\/revisions\/1004456713"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004456572"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004456560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004456560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004456560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}