{"id":1004563224,"date":"2022-01-10T04:38:32","date_gmt":"2022-01-10T12:38:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004563224"},"modified":"2022-12-08T22:01:19","modified_gmt":"2022-12-09T06:01:19","slug":"reich-brothers-buys-industrial-campus-on-houston-ship-channel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/","title":{"rendered":"Reich Brothers Buys Industrial Campus on Houston Ship Channel"},"content":{"rendered":"
\"Baytown<\/a>

Baytown Intermodal Center. Image courtesy of Reich Brothers Holdings LLC<\/p><\/div>\n

National industrial real estate investment group Reich Brothers<\/strong> has acquired the former 1.2 million-square-foot DHL Intermodal Campus in Baytown, Texas.<\/p>\n

The 67-acre property is in Cedar Port Industrial Park, the nation\u2019s largest rail- and barge-served industrial park, adjacent to the Houston Ship Channel, providing easy access to I-10. The campus comprises four buildings ranging from 200,000 to 400,000 square feet, with 6 acres dedicated to paved container storage.<\/p>\n

\n

READ ALSO<\/strong>: What to Expect From the Industrial Sector in 2022<\/a><\/p>\n

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The site offers service to both the BNSF and Union Pacific rail lines, along with an on-site capacity of as many as 350 rail cars.<\/p>\n

The site is in the same business park and in close proximity to corporate neighbors such as Home Depot<\/strong>, Walmart<\/strong> and Ikea<\/strong>.<\/p>\n

The four buildings feature clear heights from 28 to 40 feet, more than 100 dock-high doors in total, rail loading doors, an on-site barge dock, renovated office space, ample auto and trailer parking, as well as upgraded fire protection systems.<\/p>\n

Reich Brothers reportedly plans to make \u201ca significant investment in site improvements\u201d to further enhance the property\u2019s functionality for distribution, rail and port-related logistics, and manufacturing uses.<\/p>\n

In a prepared statement, Matt Reich, vice president of acquisitions at Reich Brothers, noted that the Port of Houston has become the country\u2019s number-one region for exports and leads the nation in foreign waterborne tonnage, putting turn-key warehouse space there in high demand.<\/p>\n

Reich Brothers did not respond to Commercial Property Executive<\/em>\u2019s request for additional information.<\/p>\n

Records being broken<\/h2>\n

The Houston industrial space market ended 2021 with a record-setting 28.6 million square feet of net absorption, in addition to which the construction pipeline swelled in the fourth quarter with 6.1 million square feet of project starts, according to a recent report from CBRE<\/strong>.<\/p>\n

In addition, container volume at the Port of Houston was up 16 percent, to about 3.2 million TEUs (year-to-date through November), compared with the year-end 2020 figure of roughly 3.0 million TEUs, itself a record, CBRE reported.<\/p>\n

Last February, an affiliate of Walton Street Capital<\/strong> acquired a newly completed 805,600-square-foot sort center<\/a> in Katy, Texas, that is fully occupied by Amazon<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The four-building property features both rail and barge service. <\/p>\n","protected":false},"author":882,"featured_media":1004563237,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1589,22251,21748,21783,21742],"tags":[37482,32789,47924,37674],"class_list":["post-1004563224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-houston","category-in-focus","category-industrial","category-investment","category-latest","tag-amazon","tag-cbre","tag-reich-brothers","tag-walton-street-capital"],"acf":[],"yoast_head":"\nReich Brothers Buys Industrial Campus on Houston Ship Channel - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Reich Brothers has acquired the former 1.2 million-square-foot DHL Intermodal Campus in Baytown, Texas.\" \/>\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\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reich Brothers Buys Industrial Campus on Houston Ship Channel\" \/>\n<meta property=\"og:description\" content=\"Reich Brothers has acquired the former 1.2 million-square-foot DHL Intermodal Campus in Baytown, Texas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/\" \/>\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=\"2022-01-10T12:38:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T06:01:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Baytown-Intermodal-Center-in-Houston.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"614\" \/>\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\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/\",\"name\":\"Reich Brothers Buys Industrial Campus on Houston Ship Channel - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Baytown-Intermodal-Center-in-Houston.jpg\",\"datePublished\":\"2022-01-10T12:38:32+00:00\",\"dateModified\":\"2022-12-09T06:01:19+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555\"},\"description\":\"Reich Brothers has acquired the former 1.2 million-square-foot DHL Intermodal Campus in Baytown, Texas.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/reich-brothers-buys-industrial-campus-on-houston-ship-channel\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Baytown-Intermodal-Center-in-Houston.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/Baytown-Intermodal-Center-in-Houston.jpg\",\"width\":800,\"height\":614,\"caption\":\"Baytown Intermodal Center. 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