{"id":1004740462,"date":"2024-12-12T07:27:41","date_gmt":"2024-12-12T15:27:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004740462"},"modified":"2024-12-13T03:25:09","modified_gmt":"2024-12-13T11:25:09","slug":"constellation-crow-holdings-ink-houston-industrial-lease","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/constellation-crow-holdings-ink-houston-industrial-lease\/","title":{"rendered":"Constellation, Crow Holdings Ink Houston Industrial Lease"},"content":{"rendered":"\n

<\/p>\n\n\n

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\"Exterior<\/a>
Constellation Post Oak features several points of ingress and egress. Image courtesy of Constellation Real Estate Partners <\/em><\/figcaption><\/figure><\/div>\n\n\n

A joint venture between Constellation Real Estate Partners and a real estate fund advised by Crow Holdings Capital has signed US ELogistics Service Corp. as a tenant at Constellation Post Oak, a 424,011-square-foot industrial park in Houston. <\/p>\n\n\n\n

The logistics firm will fully occupy the property’s Building 1, which measures 302,825 square feet. Colliers represented the landlord, while Lee & Associates negotiated on behalf of the tenant. <\/p>\n\n\n\n

Located at 14942-15012 S. Post Oak Road, Constellation Post Oak comprises the cross-dock Building 1, featuring a 36-foot clear height, and the front-load Building 2, a 121,186-square-foot facility with a clear height of 32 feet.<\/p>\n\n\n\n

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READ ALSO<\/strong>: E-Commerce Growth Revives Industrial Market<\/a><\/p>\n\n\n\n

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Both buildings share a 220-foot truck court, with an extra 185-foot court pertaining to Building 1. Parking includes a total of 270 car and 52 trailer spaces.<\/p>\n\n\n\n

The 2023-completed campus is currently 82 percent leased. Signage manufacturing company D&R Signs also recently committed to 44,978 square feet at the property, with the assistance of Stream Realty Partners.<\/p>\n\n\n\n

The 33-acre property is less than 7 miles from U.S. Route 90 and Interstate 69. The Port of Houston and the William P. Hobby Airport operate roughly 20 and 13 miles away, respectively.<\/p>\n\n\n\n

Colliers Principals & Executive Vice Presidents Zack Taylor and Barkley Peschel represented Constellation Real Estate Partners. Lee & Associates Executive Principal Robert McGee negotiated on behalf of US ELogistics Service Corp. <\/p>\n\n\n\n

Metro Houston industrial vacancy tightens <\/h2>\n\n\n\n

Greater Houston\u2019s industrial leasing activity totaled 8.7 million square feet in the third quarter, according to a Colliers report. The volume marked an 18.7 percent decrease over the quarter.<\/p>\n\n\n\n

Despite the drop, the metro\u2019s vacancy rate dipped 40 basis points quarter-over-quarter, clocking in at 7.0 percent in September, the report shows. Less product hit the market, Houston witnessing just 2.8 million square feet of industrial deliveries<\/a> in the third quarter, the lowest level since 2018.<\/p>\n\n\n\n

In one of September’s deals, Ares Management secured a full-building lease<\/a> at its 192,400-square-foot infill distribution facility. Safespill agreed to occupy the space.<\/p>\n","protected":false},"excerpt":{"rendered":"

A logistics firm will occupy more than 300,000 square feet.<\/p>\n","protected":false},"author":3471,"featured_media":1004740463,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1589,21748,21742,51973],"tags":[35498,52249,35422,32762,33358],"class_list":["post-1004740462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-houston","category-industrial","category-latest","category-southwest","tag-colliers","tag-constellation-real-estate-partners","tag-crow-holdings-capital-real-estate","tag-lee-associates","tag-stream-realty-partners"],"acf":[],"yoast_head":"\nConstellation, Crow Holdings Ink Houston Industrial Lease - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Constellation, Crow Holdings signed US ELogistics Service Corp. as a tenant at Constellation Post Oak, an industrial campus in Houston.\" \/>\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\/constellation-crow-holdings-ink-houston-industrial-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Constellation, Crow Holdings Ink Houston Industrial Lease\" \/>\n<meta property=\"og:description\" content=\"Constellation, Crow Holdings signed US ELogistics Service Corp. as a tenant at Constellation Post Oak, an industrial campus in Houston.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/constellation-crow-holdings-ink-houston-industrial-lease\/\" \/>\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=\"2024-12-12T15:27:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-13T11:25:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/12\/CONSTELLATION_REP_14942_S_POST_OAK_01-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1800\" \/>\n\t<meta property=\"og:image:height\" content=\"1350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Claudiu Tiganescu\" \/>\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\/constellation-crow-holdings-ink-houston-industrial-lease\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/constellation-crow-holdings-ink-houston-industrial-lease\/\",\"name\":\"Constellation, Crow Holdings Ink Houston Industrial Lease - 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