{"id":1004802896,"date":"2026-06-24T04:53:14","date_gmt":"2026-06-24T12:53:14","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004802896"},"modified":"2026-06-24T04:59:28","modified_gmt":"2026-06-24T12:59:28","slug":"bgo-jv-buys-houston-industrial-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bgo-jv-buys-houston-industrial-portfolio\/","title":{"rendered":"BGO JV Buys Houston Industrial Portfolio"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a3bf93140fc5&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1718\" height=\"1289\" data-attachment-id=\"1004802901\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/heritagewest_creditbgo-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.jpg\" data-orig-size=\"1718,1289\" 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=\"HeritageWest_CreditBGO\" data-image-description=\"&lt;p&gt;Image downloaded via BGO email press release.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The portfolio sits at 1065-1085 Heritage W. Drive, within the bigger, three-structure Heritage West campus. Image courtesy of BGO&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.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\/06\/HeritageWest_CreditBGO-edited.jpg\" alt=\"Outside shot of Heritage West, a 332,800-square-foot industrial park in Katy, Texas.\" class=\"wp-image-1004802901\" style=\"width:400px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.jpg 1718w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.jpg?resize=1536,1152 1536w\" sizes=\"auto, (max-width: 1718px) 100vw, 1718px\" \/><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 portfolio is at 1065 and 1085 Heritage W. Drive, within the larger, three-building Heritage West campus. <em>Image courtesy of BGO<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>BGO and Harbor Capital have acquired Buildings 2 and 3 at Heritage West Industrial Park, two warehouses totaling 299,520 square feet in Katy, Texas. The assets were fully preleased upon closing the off-market transaction.<\/p>\n\n\n\n<p>Developed by InSite Realty and The Urban Cos. at 1045-1085 Heritage W. Drive, the industrial campus comprises three speculative buildings totaling 332,800 square feet. The property is just off Interstate 10 and U.S. Route 90, some 35 miles west of Houston.<\/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\/top-emerging-industrial-markets\/\">U.S. Emerging Industrial Markets<\/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 traded collection includes two front-load facilities that came online this year. Building 2 spans 90,480 square feet and has a 32-foot clear height and 60-foot speed bay, while Building 3 measures 209,040 square feet and features a 36-foot clear height. Combined, the two warehouses have 59 dock-high doors, 130- to 190-foot concrete truck courts, 256 parking spots and 49 trailer stalls. <\/p>\n\n\n\n<p>The Heritage West portfolio marks BGO&#8217;s third acquisition through its BGO Industrial Strategies II fund. Seyfarth Shaw LLP acted as legal counsel in the transaction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-houston-ranks-high-for-industrial-sales\">Houston ranks high for industrial sales<\/h2>\n\n\n\n<p>Houston recorded $759 million in industrial deals in the first four months of the year, according to the <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial-report-energy-shock-shifts-site-selection\/\">latest Yardi Matrix report<\/a>. Dallas led the national ranking with nearly $1.8 billion in transactions, while Space City occupied the eighth position.<\/p>\n\n\n\n<p>Houston also ranked among the markets with the lowest industrial asset prices at $90 per square foot, surpassing only Cleveland and Chicago (both at $87), Detroit ($79) and Memphis ($54). Nationwide, the average figure reached $138 per square foot.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The buildings came online earlier this year.<\/p>\n","protected":false},"author":3909,"featured_media":1004802901,"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":[52263,36382,44459,36381],"class_list":["post-1004802896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-houston","category-industrial","category-investment","category-latest","category-southwest","tag-bgo","tag-insite-realty","tag-seyfarth-shaw","tag-the-urban-companies"],"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>BGO JV Buys Houston Industrial Portfolio - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"BGO and Harbor Capital have acquired a two-asset portfolio part of Heritage West Industrial Park in Katy, Texas, near 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\/bgo-jv-buys-houston-industrial-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BGO JV Buys Houston Industrial Portfolio\" \/>\n<meta property=\"og:description\" content=\"BGO and Harbor Capital have acquired a two-asset portfolio part of Heritage West Industrial Park in Katy, Texas, near Houston.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bgo-jv-buys-houston-industrial-portfolio\/\" \/>\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=\"2026-06-24T12:53:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-24T12:59:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1718\" \/>\n\t<meta property=\"og:image:height\" content=\"1289\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Louisa Miclaus\" \/>\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\/bgo-jv-buys-houston-industrial-portfolio\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/bgo-jv-buys-houston-industrial-portfolio\/\",\"name\":\"BGO JV Buys Houston Industrial Portfolio - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bgo-jv-buys-houston-industrial-portfolio\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bgo-jv-buys-houston-industrial-portfolio\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.jpg\",\"datePublished\":\"2026-06-24T12:53:14+00:00\",\"dateModified\":\"2026-06-24T12:59:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4ee012cfd2de00e6304cc0c5ded1db2e\"},\"description\":\"BGO and Harbor Capital have acquired a two-asset portfolio part of Heritage West Industrial Park in Katy, Texas, near Houston.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bgo-jv-buys-houston-industrial-portfolio\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/bgo-jv-buys-houston-industrial-portfolio\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bgo-jv-buys-houston-industrial-portfolio\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/HeritageWest_CreditBGO-edited.jpg\",\"width\":1718,\"height\":1289,\"caption\":\"The portfolio sits at 1065-1085 Heritage W. 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