{"id":1004786509,"date":"2026-02-04T03:51:35","date_gmt":"2026-02-04T11:51:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004786509"},"modified":"2026-02-04T06:49:46","modified_gmt":"2026-02-04T14:49:46","slug":"lincoln-jv-lands-data-center-construction-tenant-in-houston","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lincoln-jv-lands-data-center-construction-tenant-in-houston\/","title":{"rendered":"Lincoln JV Lands Data Center Construction Tenant in Houston"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a10a7434d6f7&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" data-attachment-id=\"1004786510\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lincoln-jv-lands-data-center-construction-tenant-in-houston\/maverick-ext-1-e1738327909426\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Maverick-EXT-1-e1738327909426.jpg\" data-orig-size=\"800,600\" 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;0&quot;}\" data-image-title=\"Maverick-EXT-1-e1738327909426\" data-image-description=\"&lt;p&gt;Image previously used in this article: https:\/\/www.commercialsearch.com\/news\/lincoln-property-jv-delivers-houston-facility\/&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Modular Power Solutions\u2019 newly leased warehouse is the first to reach clear heights of 40 feet in the North Houston submarket. Image courtesy of Lincoln Property Co. &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Maverick-EXT-1-e1738327909426.jpg?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Maverick-EXT-1-e1738327909426.jpg\" alt=\"Exterior drone shot of Maverick Distribution Center in Houston, a warehouse leased by Modular Power Solutions from Lincoln Property Co. and HIMCO.\" class=\"wp-image-1004786510\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Maverick-EXT-1-e1738327909426.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Maverick-EXT-1-e1738327909426.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Maverick-EXT-1-e1738327909426.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Modular Power Solutions\u2019 newly leased warehouse is the first to reach clear heights of 40 feet in the North Houston submarket, according to the owner. <em>Image courtesy of Lincoln Property Co. <\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Lincoln Property Co. and HIMCO have secured a full-building lease at their 435,680-square-foot warehouse in Houston. Data center construction company Modular Power Solutions will occupy the property, with Stream Realty Partners spearheading negotiations on its behalf. An in-house team represented Lincoln.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-jv-delivers-houston-facility\/\">Maverick Distribution Center came online last year<\/a>. Lincoln financed the construction with a $28.5 million loan issued by Texas Exchange Bank in 2023.<\/p>\n\n\n\n<p>Located on 26 acres at 18239 Aldine Westfield Road, the warehouse is approximately 19 miles north of downtown Houston, adjacent to the George Bush Intercontinental Airport. Nearby major transportation routes include interstates 45 and 69. <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/what-kevin-warshs-fed-chair-nomination-means-for-cre\/\">What Kevin Warsh\u2019s Fed Chair Nomination Means for CRE<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Maverick Distribution Center has 40-foot clear heights, a feature which, according to Lincoln, is not found in any other warehouse in the North Houston submarket. The cross-dock facility also provides 4,000 amps of power and 70-foot speed bays, as well as 185-foot truck courts.<\/p>\n\n\n\n<p>Stream Realty Partners Senior Vice President Mac Hall and Managing Director Tyler Maner, together with Vice President Abraham Richardson, brokered the lease agreement on behalf of Modular Power Solutions. Lincoln Property Co. Executive Vice President Kevin Wyatt and Leasing Representative Robert Willard negotiated on the owner\u2019s behalf.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-data-center-demand-also-drives-industrial-leasing\">Data center demand also drives industrial leasing<\/h2>\n\n\n\n<p>Modular Power Solutions is a subsidiary of Rosendin Holdings, a firm that recently revamped its executive structure, transitioning to a co-president model as it looks to capitalize on growing <a href=\"https:\/\/www.commercialsearch.com\/news\/more-data-centers-please\/\">data center demand<\/a>.<\/p>\n\n\n\n<p>The company also leases 304,565 square feet at the M-75 Distribution Center in the Metroplex. Late last year, Longpoint Realty Partners and Outrigger Industrial sold that fully leased warehouse to Goldman Sachs Asset Management, Yardi Matrix shows.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-big-box-assets-drove-houston-industrial-demand-in-2025\">Big-box assets drove Houston industrial demand in 2025<\/h2>\n\n\n\n<p>Industrial tenant demand was solid throughout metro Houston, with leasing activity up 2.1 percent year-over-year to 33.1 million square feet in 2025, according to a <a href=\"https:\/\/www.cushmanwakefield.com\/en\/united-states\/insights\/us-marketbeats\/houston-marketbeats\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Cushman &amp; Wakefield report<\/a>. However, the total transaction count dropped 26.2 percent annually, suggesting companies sought larger spaces instead of <a href=\"https:\/\/www.commercialsearch.com\/news\/shallow-bay-industrials-deep-future\/\">shallow-bay warehouses<\/a> last year.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-deliveries\/\">Industrial deliveries<\/a> clocked in at 16.8 million square feet in 2025, up from 16.4 million square feet the year before, the same source shows. Consistent stock expansion led to a 40-basis-point year-over-year increase in vacancy, which stood at 6.0 percent in December. However, the average rent also went up 4.7 percent year-over-year, to $7.78 per square foot.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Modular Power Solutions fully leases the warehouse.<\/p>\n","protected":false},"author":3471,"featured_media":1004786510,"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":[34930,44432,33358],"class_list":["post-1004786509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-houston","category-industrial","category-latest","category-southwest","tag-lincoln-property-co","tag-rosendin","tag-stream-realty-partners"],"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>Lincoln JV Lands Data Center Construction Tenant in Houston - 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