{"id":1004795655,"date":"2026-04-17T05:20:00","date_gmt":"2026-04-17T13:20:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004795655"},"modified":"2026-04-17T05:20:03","modified_gmt":"2026-04-17T13:20:03","slug":"centerpoint-expands-industrial-houston-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/centerpoint-expands-industrial-houston-footprint\/","title":{"rendered":"CenterPoint Expands Industrial Houston Footprint"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a39db2b6c835&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"500\" data-attachment-id=\"1004795656\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/centerpoint-expands-industrial-houston-footprint\/11217-telephone-rd_inthenews\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/11217-Telephone-Rd_InTheNews.jpg\" data-orig-size=\"1500,500\" 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=\"11217-Telephone-Rd_InTheNews\" data-image-description=\"&lt;p&gt;Image obtained from CenterPoint&#8217;s press release here: https:\/\/centerpoint.com\/media\/centerpoint-properties-closes-on-new-two-building-industrial-acquisition-in-competitive-south-belt\/&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The duo debuted in 2024, and one year later one warehouse was fully leased while the other was half-way there. Image courtesy of CenterPoint&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/11217-Telephone-Rd_InTheNews.jpg?w=1024\" 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\/04\/11217-Telephone-Rd_InTheNews.jpg\" alt=\"Drone shot depicting the two warehouses that CenterPoint acquired in Houston.\" class=\"wp-image-1004795656\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/11217-Telephone-Rd_InTheNews.jpg 1500w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/11217-Telephone-Rd_InTheNews.jpg?resize=300,100 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/11217-Telephone-Rd_InTheNews.jpg?resize=768,256 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/11217-Telephone-Rd_InTheNews.jpg?resize=1024,341 1024w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/><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\">The facilities came online in 2024.<em> Image courtesy of CenterPoint<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>CenterPoint Properties has acquired two industrial facilities comprising 192,318 square feet in Houston. Constellation Real Estate Partners previously owned the assets, according to Yardi Matrix.<\/p>\n\n\n\n<p>Completed in 2024, the duo is located at 11217 Telephone Road, next to the intersection of Beltway 8 and State Route 35, roughly 18 miles southeast of downtown Houston. The William P. Hobby Airport and the Port of Houston operate approximately 4 and 17 miles away, respectively.<\/p>\n\n\n\n<p>The Beltway frontage, combined with a <a href=\"https:\/\/www.commercialsearch.com\/news\/shallow-bay-industrials-deep-future\/\">shallow-bay warehouse<\/a> configuration, as well as the availability of a 1.3-acre IOS space, creates an efficient metro and port access point for distributors, according to prepared remarks by CenterPoint Senior Vice President Rives Nolen.<\/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\/industrial-sales-momentum-carries-into-2026\/\">Industrial Sales Momentum Carries Into 2026<\/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>The facilities have 28-foot clear heights, 130-foot truck courts, as well as a combined count of 52 dock-high and four drive-in doors, in addition to parking spaces for 318 cars. The tenant roster includes a landscaping company and pool supplier.<\/p>\n\n\n\n<p>With this acquisition, CenterPoint\u2019s Houston footprint grew to more than 2.5 million square feet across 17 properties. One of the company\u2019s previous deals included a 254,705-square-foot asset in Deer Park, Texas. Phelan Development sold the warehouse in February 2025, according to Yardi Matrix.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-anchored-in-port-activity-houston-marches-on\">Anchored in port activity, Houston marches on<\/h2>\n\n\n\n<p>Houston continues to be in high demand for warehouse and distribution users thanks to the market\u2019s port, which is the nation\u2019s busiest by total tonnage. Investors are looking to capitalise on that, having deployed $404 million across the market during the first two months of 2026, according to a <a href=\"https:\/\/www.commercialsearch.com\/news\/retailers-reshape-logistics-as-rent-growth-holds-firm\/\">Yardi Matrix report<\/a>.<\/p>\n\n\n\n<p>This heightened activity builds on last year\u2019s momentum when the market <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/File\/8249-MatrixIndustrialNationalReport-January2026\" target=\"_blank\" rel=\"noreferrer noopener\">recorded $2.8 billion<\/a> in industrial deals. A noteworthy trade closed in December when Ares <a href=\"https:\/\/www.commercialsearch.com\/news\/ares-acquires-1-msf-houston-portfolio\/\">acquired 1 million square feet<\/a> of industrial space throughout the metro from Blackstone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company now owns more than 2.5 million square feet across the market. <\/p>\n","protected":false},"author":3471,"featured_media":1004795657,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1589,21748,21783,21742,51973],"tags":[36217,52249],"class_list":["post-1004795655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-houston","category-industrial","category-investment","category-latest","category-southwest","tag-centerpoint-properties","tag-constellation-real-estate-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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