Provident Industrial Achieves Successful Sale of Houston's Hall Road Distribution Center

Provident Industrial's Successful Sale of Hall Road Distribution Center

In a significant development within the Houston logistics landscape, Provident Industrial has successfully sold the Hall Road Distribution Center, located at 7916 Hall Rd, to local seafood logistics firm Ocean Kingdom, owned by David Wang and Yong Lin. This sale marks an important milestone for both the company and the region as demand for specialized distribution facilities continues to rise.

The Hall Road Distribution Center is a robust facility with 139,000 square feet of industrial space, featuring a generous 32-foot clear height, 32 dock doors, and two ramps. This configuration, alongside 60-foot speed bays, positions the center as a strategic asset within the area. Its prime location just south of Hobby Airport grants it exceptional connectivity to major thoroughfares, including direct access to I-45 South and Beltway 8. Moreover, its proximity—18 miles from Bayport Terminal and 23 miles from Barbours Cut Terminal—makes it particularly well-suited for cross-border logistics and seafood distribution operations.

The construction of the Hall Road facility was finalized in December 2024, with Angler Construction serving as the project's general contractor. This development was a cooperative effort that included contributions from Provident, Junction, and Singerman Real Estate. Christen Vestal, the South Central Director of Development at Provident, played an integral role in overseeing this project from its inception through to its completion.

Vestal emphasized the growing trend of logistics companies in Houston opting for ownership of their facilities.

"This project highlights the growing demand for logistics companies to own their facilities. Ownership is emerging as an increasingly popular trend within the industry. This building marks our second building to be sold directly to a user."

Provident Industrial is not resting on its laurels, as it continues to expand its industrial portfolio. The company currently has 8.2 million square feet of industrial space either under construction or in the pipeline across vital markets in Texas, Tennessee, Arizona, and the Carolinas. This surge reflects the increasing appetite for quality distribution spaces amidst the evolving landscape of logistics and supply chain management.

Founded in 1991, Provident is a privately held real estate and investment firm that has been adept at navigating various market cycles. The company's history of over three decades is steeped in developing opportunistic and value-add strategies, ensuring favorable risk-adjusted returns for its investors. Since its inception, Provident has developed or invested in a staggering $5.9 billion worth of real estate projects nationwide.

As Providence Industrial looks ahead, it remains committed to satisfying the growing demand for commercial space and assisting logistics companies in making efficient strides within their operational frameworks. The sale of the Hall Road Distribution Center stands as a testament to their strategic foresight and adaptability in an ever-changing market environment. For more information, visit Provident Realty.